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women in business

Mining the past: How ‘history scripting’ strategies can help family businesses achieve competitive advantages

November 4, 2021

While many might consider history as just something that happened in the past, it is found in our research to have the potential to create important competitive advantages for family businesses and even new entrepreneurs.

“Spanning almost a hundred years, the story behind this restaurant [is told in] the lives of three generations of remarkable Chinese women. Their extraordinary journey takes us from the brutal poverty of village life in mainland China, to newly prosperous 1930s Hong Kong and finally to the UK. Their lives were as dramatic as the times they lived through.” – Sweet Mandarin.

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.

Why leadership, trust and humility are key in family business

April 23, 2021

A third-generation successor turned adviser and author says the fate of his family business could have been “radically different” if he had been humbler as its principal.

A third-generation successor turned adviser and author says the fate of his family business could have been “radically different” if he had been humbler as its principal.

David C Bentall worked for 20 years in his family’s major Canadian business, Dominion Construction, including seven years as its president and chief executive. During his tenure as principal, the business doubled in size to $240 million in sales.

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.

Olga Vysokova on how to engage the next generation

January 14, 2021

The next generation of leaders have a vision for the future which is different to their parents and more strategic, says next-gen social entrepreneur Olga Vysokova.

The next generation of leaders have a vision for the future which is different to their parents and more strategic, says next-gen social entrepreneur Olga Vysokova.

Vysokova, a London-based financial services professional, worked for her parent’s family business for more than a decade and co-founded the Global Next Gen Community in 2019.

Michael Hill International founder defends daughter's appointment to shareholders

December 8, 2015

A New Zealand businessman has shed tears at a shareholder meeting as he defended the appointment of his daughter to chairman of the jewellery company he founded.

A New Zealand businessman has shed tears at a shareholder meeting as he defended the appointment of his daughter to chairman of the jewellery company he founded.

Michael Hill International addressed shareholders at its annual meeting in Auckland last week, the first time since the business transitioned from the first to second generation of the family.

Third-gen daughter becomes chair of Hong Kong Ship Owners Association

November 30, 2015

One of the world’s largest ship-owning associations is now chaired by a third-generation member of Hong Kong shipping company Wah Kwong Maritime Transport.

One of the world’s largest ship-owning associations is now chaired by a third-generation member of Hong Kong shipping company Wah Kwong Maritime Transport.

Sabrina Chao, who took the helm at her family’s company in 2003 when her father suffered a stroke, was appointed chairwoman of the Hong Kong Shipowners’ Association (HKSOA) at the organisation’s annual general meeting last week.

“Ultraconservative” LG Group appoints first female family member

February 17, 2015

A third-gen of South Korean conglomerate LG Group appears to have cracked the glass ceiling at her family’s business, becoming the first female family member appointed to top management.

A third-gen of South Korean conglomerate LG Group appears to have cracked the glass ceiling at her family’s business, becoming the first female family member appointed to top management.

Koo Ji-eun, who is also a next gen of the Samsung empire through her mother’s side, was appointed vice president of LG Group's catering subsidiary Ourhome this month, 11 years after she joined the company.

Koo is the daughter of Ourhome chairman Koo Cha-hak, and her uncles are LG Group chairman Koo Bon-moo and vice-chairman Koo Bon-joon.

Daughters giving primogeniture the boot, new report says

October 29, 2014

Primogeniture is no longer the norm when it comes to succession planning, a new family business report reveals, with daughters and younger siblings worldwide increasingly taking up executive positions.

Sue Ismiel & Daughters mulls listing of Nad’s brand

September 24, 2014

The matriarch of Australian family business Sue Ismiel & Daughters has this week revealed she is considering listing a majority stake in its hair removal subsidiary on the country’s stock exchange.

The matriarch of Australian family business Sue Ismiel & Daughters has this week revealed she is considering listing a majority stake in its hair removal subsidiary on the country’s stock exchange.

Sue Ismiel started Nad’s in her Sydney home in 1991 to create a more pain-free way to remove unwanted body hair. The business took off when she started marketing her wax-free gel on television infomercials.