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Governance

I was talking recentlyto the Chairman of a financial services organisation, telling him about my interest in family business and my desire to establish a new international centre for the study of leadership in family firms at London Business School.

Family businesses have special traits that allow them to follow different, unconventional business strategies to those pursued by non-family firms – the advantages of trust within the business, ownership commitment and a longer term view all contribute to their strategic success

Swiss family businesses are focused on the relevant business and corporate issues that need to be addressed for future success but fare less well on the emotional issues such as succession

A new generation of skilled entrepreneurs and the instability of industry within the public sector brought about a serious rethinking regarding the potential of privately-owned businesses in India

GEEF, the organisation representing owner-managed and family businesses throughout Europe, is concerned about the difficulties which entrepreneurs encounter when transferring their business from one generation to the next or when the business is sold to a third person.

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