Serving two masters can be a recipe for disaster, yet many large family businesses operate successful two board systems which separate the daily management from a supervisory board with a broader mandate. Is a supervisory board right for your family business? Or is the added level of decision-making a hindrance? Daniel Bardsley reports
Last year BMW sold more than 2 million vehicles under its own brand name, a record performance—even if it was not enough to catch arch-rival Mercedes-Benz.