Family Business United Launches Inaugural Global Think Tank Findings

Here at Family Business United we are delighted to announce the launch of our inaugural Global Family Business Think Tank Report which summarises the thoughts of over 100 leading family business owners, experts and advisers from around the world on specific topics that will help to shape family business discussions and strategies going forward including thoughts on board diversity, future roles of women in family business, purpose, values, storytelling and governance to name a few.

Check out the inaugural Global Family Business Think Tank Report here

Key Findings:

• 97% of respondents believe that we will see more women family business leaders in the next few years
  

• Only 26% of respondents feel that family businesses make the most of their narrative
  

• Only 26% of respondents feel that family business boards are sufficiently - diverse
  

• 97% of respondents feel that family businesses need to change the way that they engage with the next generation
  

• 83% do not feel that there is sufficient support from governments or policy makers

As well as the top level statistics that highlight areas that need to be on the family business agenda, we have included quotes from some of the global participants and a number of articles too.

As Paul Andrews, Founder and CEO of Family Business United who published the report explains, "We hope that the report enables conversations to take place to bring the family business community together to further innovate, drive changes as a force for good and helps provide further support for families in business to continue to flourish for generations to come."

"The aim of the report was to harness the collective voice of the family business community around the world and share their thoughts and comments on areas that are certainly being discussed in family business board rooms and there is certainly plenty to think about and for family firms that are looking to plan for the next stage in their journey, areas that they should, if they are not already, be considering."

"This is the first of our Global Family Business Think Tank Reports and not only does it highlight key areas for family businesses to consider, it will prove useful in helping us to develop and deliver further resources, insights and thought leadership pieces to address the areas discussed and enable family businesses to continue the conversation."

"We could not have compiled the report without the assistance and participation of our friends around the world and we are immensely grateful to everyone who took the time to share their thoughts with us, contributing to a document that will certainly make a difference too," concludes Paul.

Find out more:

These results were part of the 2024 Global Family Business Think Tank Report that was published in Spring 2024. Check out the full findings in the report here