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Innovation and Skills

September 27, 2017

The next generation of family business leaders overwhelmingly believe innovation and technology are keys to success but many say their efforts are being frustrated by older generations in charge of their firms.

The next generation of family business leaders overwhelmingly believe innovation and technology are keys to success but many say their efforts are being frustrated by older generations in charge of their firms.

Three-quarters (75%) of next gens surveyed by PwC planned to take their businesses forward and make their mark. However, 26% of them found it difficult to get the incumbents to pay attention to their ideas.

December 14, 2011

The British government must get behind family firms and avoid policy changes that would have a “severely detrimental” impact on the family business sector.

The British government must get behind family firms and avoid policy changes that would have a “severely detrimental” impact on the family business sector.

That’s according to the lobby group Institute for Family Business, which recently contacted UK business minister Mark Prisk about its concerns.

December 5, 2011

Are family businesses inefficient? A recent piece in the UK’s Daily Telegraph, headlined “Family-run firms are Britain’s weak economic link”, seems to think so. 

Are family businesses inefficient? A recent piece in the UK’s Daily Telegraph, headlined “Family-run firms are Britain’s weak economic link”, seems to think so.

It was drawing on research carried out by the London School of Economics, which it says found that second and third-generation firms generally had weaker management than non-family-run firms.

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