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Family Business

January 1, 2005

Johan Lambrecht and Diane Arijs are respectively director and scientific researcher of the Research Centre for Entrepreneurship, EHSAL-KU Brussel in Brussels.

"Any fool can make a fortune. It takes a man of brains to hold on to it after it is made."

January 1, 2005

It takes a lot more than entrepreneurial spirit to sustain a family and its long-term business success – vision, values and planning also play a role. The key, as Amy Braden discovers, is integrating them

Amy Braden is a managing director of JPMorgan Private Bank and head of its Family Wealth Centre in New York. www.jpmorgan.com/privatebank

Wealthy families with problems – business disputes, wayward children, expensive divorces – make for tasty media fare. What you won't often find in the news, however, are the families who have mastered the delicate art of successfully stewarding collective wealth for the benefit of family and society alike.

November 1, 2004

Theresa Flynt is no successor waiting in her father’s shadow. The daughter of controversial publisher Larry tells Melanie Stern how her Hustler-branded retail spin-off is bolstering LFP’s bottom line, as it arrives in Europe

Melanie Stern is section editor of Families in Business magazine.

Theresa Flynt is no successor waiting in her father's shadow. The daughter of controversial publisher Larry tells Melanie Stern how her Hustler-branded retail spin-off is bolstering LFP's bottom line, as it arrives in Europe

November 1, 2004

Fresh from winning the 2004 IMD – Lombard Odier Darier Hentsch Distinguished Family Business Award, Joachim Schwass reports on the Barilla family and the history behind their flourishing bread and pasta empire

Joachim Schwass is Professor of Family Business, IMD and co-director of The IMD – Lombard Odier Darier Hentsch Family Business Research Center.

Fresh from winning the 2004 IMD – Lombard Odier Darier Hentsch Distinguished Family Business Award, Joachim Schwass reports on the Barilla family and the history behind their flourishing bread and pasta empire

September 1, 2004

The globalisation of world economies means many family businesses must grow strategically to survive. More often than not, the growth capital requirements of the family firm clash with the liquidity and control needs of the family shareholders. What to do? Francois de Visscher explains

Francois de Visscher is founder and president of the family business consultancy de Visscher & Co.

The globalisation of world economies means many family businesses must grow strategically to survive. More often than not, the growth capital requirements of the family firm clash with the liquidity and control needs of the family shareholders. What to do? Francois de Visscher explains

September 1, 2004

The end of succession by autocratic decree wasn’t the threat it appeared. Career choice has paved the way for a uniquely business-savvy next generation – who join the fold because they’re passionate about their family business. Melanie Stern reports

Melanie Stern is section editor of Families in Business magazine.

The end of succession by autocratic decree wasn't the threat it appeared. Career choice has paved the way for a uniquely business-savvy next generation – who join the fold because they're passionate about their family business. Melanie Stern reports

September 1, 2004

Qian Hu’s dragon fish should save a little of their mysterious luck for patriarch Kenny Yap, as he boldly swaps his company’s wholesale business for a retail empire. Melanie Stern reports

Melanie Stern is section editor of Families in Business magazine.

Qian Hu's dragon fish should save a little of their mysterious luck for patriarch Kenny Yap, as he boldly swaps his company's wholesale business for a retail empire. Melanie Stern reports

Even on the other end of the telephone line, the sound of gritted teeth behind the trademark happy grin of Qian Hu Corporation's Kenny Yap is palpable.
 

September 1, 2004

How do you grow a tiny family business into a €1.5bn manufacturing multinational? Keep things simple, says JCB’s chairman. Scott McCulloch talks to Sir Anthony Bamford in this exclusive report

Scott Mcculloch is editor of Families in Business magazine.

How do you grow a tiny family business into a €1.5bn manufacturing multinational? Keep things simple, says JCB's chairman. Scott McCulloch talks to Sir Anthony Bamford in this exclusive report

Spend an hour with Sir Anthony Bamford and it becomes blindingly obvious why his company is a model of efficiency: the man cherishes simplicity.
 

September 1, 2004

Choosing between legacy and liquidity

Peter Munro, CEO of Turner-Munro International, a large family-owned furniture manufacturer, finds himself at a crossroads shortly after the death of his long-time business partner. Should he sell the business or keep it in the family?

Peter, age 69, never imagined that he might consider selling the business that he and his partner Lawrence Turner founded nearly 40 years ago. Childhood friends, Peter and Lawrence became business partners in their late 20s. Together, they built a sizeable, profitable company, one of the largest furniture manufacturers in the region.

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