Success is often presented as a race. Social media highlights young entrepreneurs building million-dollar companies, making early investments, and achieving milestones that once took decades. While these stories can be inspiring, they can also create unrealistic expectations about how quickly success should happen. For business owners, the pressure to keep up can lead to rushed […]
For generations, family enterprises have formed the bedrock of the global economy, anchored by patient capital, deeply held values, and multi-generational vision. Yet, longevity alone does not guarantee survival. Without a deliberate strategy, even the most cherished legacy risks falling into strategic drift. By applying Michael Porter’s fundamental principles from Competitive Advantage, family businesses can […]
In his 1930 classic The Art of Speculation, market pioneer Philip L. Carret argued that because the future is inherently uncertain, every investor is, by necessity, a speculator. While Carret wrote for liquid public markets, his insights offer a powerful blueprint for family enterprises navigating multi-generational growth and capital preservation. By adapting five of Carret’s […]
In family business governance, personal relationships frequently overlap with commercial strategy. The proverb, “If you see your friend with your enemy, realize that both are your enemies”, captures the essence of political realism popularized by Niccolò Machiavelli in his masterpiece, The Prince (Il Principe). While Machiavelli wrote for sixteenth-century rulers, his insights on power dynamics, […]
The KPMG Global Family Business Report 2026, titled “Facing into the future, confident yet cautious”, gathers perspectives from nearly 2,000 family and founder-led business leaders across 41 countries. The report paints a picture of a resilient global sector standing at a critical juncture: while long-term strategic confidence remains intact, compounding economic friction and technological acceleration […]
A family business is built on the idea of staying: staying through difficult years, staying committed to the name, and staying close to what generations before you created. But what happens when staying is no longer the safest choice? The story of Philips offers an extraordinary answer. When Nazi Germany invaded the Netherlands in 1940, […]
Running a family business requires more than financial knowledge. Leaders must navigate competition, manage relationships, make difficult decisions, and balance business interests with family dynamics. Chinese philosophy offers several timeless works that can provide valuable perspectives for developing these qualities. Here are five books worth reading for anyone seeking to become a stronger family business […]
As the eighth month of the lunar calendar arrives each year, mooncakes return to dining tables, bakery windows, hotel counters, and carefully wrapped gift boxes across East and Southeast Asia. More than a seasonal delicacy, these round pastries have become one of the most recognisable symbols of the Mid-Autumn Festival, celebrated on September 25 this […]
After six decades at the helm of Berkshire Hathaway, Warren Buffett closed one of the most remarkable chapters in modern business in September 2026. At 96, the celebrated “Oracle of Omaha” stepped down as chairman and became chairman emeritus, leaving behind a company he had transformed from a struggling textile mill into a conglomerate valued […]
The Power of Shoshin: How Cultivating a “Beginner’s Mind” Drives Strategic Innovation and Leadership Excellence In an era characterized by accelerated market disruptions, shifting technological paradigms, and complex competitive dynamics, seasoned leaders face an unexpected strategic vulnerability: the cognitive trap of their own expertise. While extensive experience provides pattern recognition and operational velocity, it can […]
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