Sometimes what one generation wants doesn’t happen – that’s often for the better
A pioneer when it came to corporate governance, but he also failed to keep the family business together
Some of these leaders will become household names in the years ahead
Stakeholder values are clearly set out by one of Sri Lanka’s best known family businesses
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.