Family Businesses Are Here To Stay, And Thrive

https://www.youtube.com/watch?v=suL-HkP-2Ts

What do Wal-Mart, Mars, and Newscorp have in common?

They’re family businesses. Vikram Bhalla analyses the unique strengths and weaknesses of family businesses today, contrasting it with the humble mom-and-pop store the term usually brings to mind.

Vikram’s research has revealed that family businesses in emerging economies are the fastest-growing, most ambitious breed of companies in the world. He extrapolates some valuable lessons that these successful ventures can share for both family and traditional companies.