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management

Something cooking...

July 1, 2004

Sweet Delight Bakery is a family-owned business that operates a network of bakeries in British Columbia.

Sweet Delight Bakery is a family-owned business that operates a network of bakeries in British Columbia. Founded over a decade ago by Martha Lever and her three children, the company distributes its own products through several locations.

Women in family business

September 1, 2003

There are still very few women occupying the upper management levels in larger companies. Is this due to the difficulty in prioritising between business and family? Being part of a family business could offer a flexible coexistence of both

Franziska Müller Tiberini has her own consulting company for family business. She lives in Zurich, Switzerland.

"One is not born but becomes a woman."
– Simone de Beauvoir

What do owners do?

June 1, 2003

There is no single governance system. The key to effective governance depends on the adaptability of the roles of the owner, board and senior management, and its alignment with the stategic environment of the business

John L Ward is the Co-Director of the Center for Family Enterprises at Kellogg Graduate School of Management (USA) and the Wild Group Professor of Family Business at IMD (Switzerland). He serves on the boards of four family companies in Europe and the USA.

How strategy is different for family businesses

January 1, 2002

Considerations for building a strategy for a family business are different to those of a non-family business. Melding the demands of the market with the values of emotionally connected owners creates superior business performance

"It's important to keep family and business separate. You don't want family circumstances to affect the business. Run the business like a business!"

This advice is frequently given to family business owners. It is quickly accepted by business leaders in the hope that the owning family will leave them alone to manage the business.

Family business in Australia

January 1, 2002

Family businesses in Australia account for 40% of Australia’s private sector output, but they are heading for a period of unprecedented change

A vast number offamily companies in Australia will have new owners or managers within a decade, This article is based on a recent study, The Australia Family and Private Business Survey 1997, conducted by myself and Claudio Romano, a fellow Director at the AXA Family Business Research Unit. Our research, which included a sample size of 1500 family firms, found that the family business sector has concerns for the future, is not planning effectively and is heading for a period of unprecedented change – namely changes in the ownership and control of family held corporations.