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Family Business Survey

Irish family businesses alert to Brexit, succession and cybercrime

January 30, 2019

Slowing growth with Brexit as the obstacle, loose succession planning and the rise of cybercrime are the challenges keeping Irish family business leaders awake at night, according to research.

Slowing growth with Brexit as the obstacle, loose succession planning and the rise of cybercrime are the challenges keeping Irish family business leaders awake at night, according to research.

However, Ireland performed slightly better than global counterparts on particular areas of diversity. A quarter (25%) of Irish family business board members were female compared to 21% global and 28% of Irish family management teams were women, PwC’s 2019 Irish Family Business Survey discovered.

Tech savvy next gens urged to bridge the family digital divide

July 19, 2018

Family business leaders of tomorrow are being encouraged to bring their families up to speed on the value of new technologies after almost 40% of families admitted they did not have a digital strategy.

Digital awareness among next generation family business leaders was high, but other family members may not be as aware of the opportunities that digital technologies can offer, the latest Deloitte survey of next gen family businesses found.

Australian family firms failing to prepare for succession

September 23, 2013

Two thirds of Australian family businesses do not have a succession plan in place despite the majority of family chief executives being over the age of 50 and nearly 20% being over the age of 65, according to a KPMG and Family Business Australia survey.

Seventy-two per cent of family businesses listed balancing family and business issues as the primary challenge for their family firm, and 67% said maintaining family ownership was a primary concern.