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c-suite

Next-gen Saurabh Dhawan on evolving the SSF Plastics family business

December 20, 2021

The Dhawan family of India is taking their company SSF Plastics to the next level in family business evolution through initiatives in professionalisation, diversification, sustainability and engaging the next generation.

Saurabh Dhawan (pictured), the second generation family member leading business development, says the Mumbai-headquartered, self-described one-stop solution provider for all rigid plastic packaging needs has also been venturing into multiple startups, with next-gens at the helm.

Career trajectories to the top: Where does the ideal family office leader come from?

August 3, 2021

The role of family office leader rarely becomes available and if it does unexpectedly, it can often fall on the shoulders of internal leaders to take charge—regardless of their specialism.

The role of family office leader rarely becomes available and if it does unexpectedly, it can often fall on the shoulders of internal leaders to take charge—regardless of their specialism.

Considerations for family businesses recruiting a non-executive director

July 21, 2021

Why should a family business recruit non-family talent, and in particular a non-executive director? The answer lies in three areas—fresh perspectives and breadth of experience, independent oversight and constructive challenge, and performance.

Why should a family business recruit non-family talent, and in particular a non-executive director (NED)? The answer lies in three areas—fresh perspectives and breadth of experience, independent oversight and constructive challenge, and performance.

Independent research commissioned by the Institute of Directors found that the NED contribution added value to the firm with most believing the NED role improved profitability.

Purpose, beliefs and behaviours: Which culture is your family office?

June 22, 2021

When trying to establish cultural fit in your family office, you must first think about your own culture. Defining your own organisational beliefs and the ideal qualities the ideal hire might possess.

When trying to establish cultural fit in your family office, you must first think about your own culture. Defining your own organisational beliefs and the ideal qualities the ideal hire might possess.

It is important to look at the gaps missing in your current resources, not simply from an academic and skills perspective, but also exploring the likes of emotional intelligence (EQ), personality and diversity of thought.

FB Roundup: Medline Industries, Ferrero Group, Ford Motor Company

June 11, 2021

Mills family sells majority Medline stake in $34 billion private equity ‘club deal’, Ferrero takes another bite out of biscuit market with $509 million Burton’s deal, Auto heiress Alexandra Ford English becomes first female Ford director.

Mills family sells majority Medline stake in $34 billion private equity ‘club deal’

The fourth-generation Mills family which owns Medline Industries, the largest US privately held manufacturer and distributor of healthcare supplies, looks set to seal one of the largest private equity deals since the Global Financial Crisis.

FB Roundup: Nintendo, Dilmah, Bestseller

May 28, 2021

Nintendo heir’s philanthropic family office mission, Fernando family’s Dilmah succession plan in play, Bestseller billionaire Povlsen prioritises sustainability over rich list ranking.

Nintendo heir’s philanthropic family office mission

The heir of the founding family of Nintendo says his new $919 million family office will be involved in projects which help create a more exciting future for the world, as well as asset management.

Elisabetta Fabri on growing Starhotels, Covid-19 resilience and supporting women in business

April 1, 2021

Elisabetta Fabri, family principal of the private Italian luxury hospitality group Starhotels, is helping women in business achieve their potential by launching a new vocational training initiative.

Elisabetta Fabri, family principal of the private Italian luxury hospitality group Starhotels, is helping women in business achieve their potential by launching a new vocational training initiative.

The programme was among the measures by the multi award-winning second-generation president and chief executive in response to the impacts of Covid-19 on the world’s hotel, travel and tourism industries.

Shreevar Kheruka on succession and strategy at family business Borosil

March 3, 2021

Blending the strengths of family businesses with the growth strategies of non-family multinationals is an approach the third-generation family principal of Borosil wants to discuss at the upcoming Indian Families in Business Forum.

The courage to choose wisely: Why the succession decision may be a defining moment in your family business

January 22, 2021

Choosing the right leader at the right time will be one of the most critical decisions you can make to secure the continued success of your business. Rarely has continuity and succession planning been more important, given the recent challenges faced by family businesses throughout the world.

Family business trends for 2021

January 4, 2021

After a 2020 that was nowhere near what most of us anticipated, it’s perhaps bullish to make predictions about 2021, but Tom McGinness, KPMG’s head of family business, is not deterred from outlining the top 10 topics that he expects to be discussing with those leading family businesses during the coming year.

1. Reviewing shared purpose