Fourth Global Family Business Think Tank Report Published

Family Business United (FBU) is delighted to announce the publication of the fourth report in its Global Family Business Think Tank series, bringing together insights from leading family business academics, advisers and practitioners from around the world.

The report explores a series of critical questions that continue to shape the future of the global family business sector, including:

• Whether family business leaders truly consider how to ensure their businesses thrive beyond their own leadership.

• The extent to which families in business understand the difference between the financial balance sheet and the family balance sheet.

• The influence of unconscious baggage from upbringing on leadership styles today.

• The role of non-family leaders and board members in determining the long-term success of family firms.

• Whether the lack of formal succession planning is putting the future of family businesses at risk.

• If family ownership provides a genuine competitive advantage.

• The influence of history, heritage and legacy on major business decisions.

• How well-prepared family firms are to deal with the unexpected death of a leader.

• The ongoing risk of inheritance disputes.

• The extent to which family businesses are committed to doing business responsibly, particularly with respect to sustainability and environmental impact.

  
  

Paul Andrews, Founder and CEO of Family Business United, said: “Family firms continue to play a fundamental role in economies around the world, creating employment, driving innovation and fostering long-term, responsible business practices."

"This latest Think Tank brings together a global panel of experts to discuss the real issues facing family firms today, from leadership succession to sustainability, and to share perspectives that help shape the future of the sector.”

“We really enjoyed pulling this report together, and the findings are both insightful and thought-provoking. Statistics demonstrate the degree to which the panel feel family firms are prepared for the issues at hand and we have included some of the specific thoughts from the panel members to aid discussion, as well as feature articles on the topics too."

"Our hope is that it sparks meaningful conversations within family firms, their advisers and across the wider community about how best to ensure continuity, good governance and sustainable success.”

The report once again demonstrates FBU’s ongoing commitment to supporting family businesses through research, collaboration and thought leadership. By exploring the issues that matter most, from governance and succession to environmental responsibility, the Global Family Business Think Tank continues to provide a valuable platform for discussion and shared learning.

The fourth Global Family Business Think Tank Report is available now from the Family Business United store here