A recent report predicts that women will increasingly lead family businesses as more families decide to appoint a female boss than ever before. Here’s five family businesses run by exceptional women who’ve made a difference to the success of their companies – and are providing a role model for future women leaders.
Economists estimate that the Greek economy has shrunk by at least 25% since it entered a prolonged recession in 2008. That’s hit companies hard and many family businesses have been at the sharp end of dire economic situation. It’s estimated that 75% of the private sector is family controlled, with most of these businesses employ just a few family members. But Greece has also given rise to the concept of shipping dynasties – made famous by the legendary Aristotle Onassis.
For the second generation it can be tough. Maybe the only way to prove to yourself you’ve got what it takes – and prove to your parents – is to become an entrepreneur yourself. That’s what Jan Olszewski has done.
Despite the fact that the family that controls L’Oreal, the world’s biggest cosmetics group in terms of sales have often had very public disagreements, a new book argues that the business owes a lot of its success to its family-ownership structure.
Succession experts say that business leaders should hand over power in their sixties. These nonagenarians and octogenarians would disagree.
Two brothers from a Finnish shipping dynasty talk creativity, drones and greentech.