Family businesses need to always learn the Three-Circle model as the foundation of family business especially as business and global economies are under change. The structural complexity of a family-owned enterprise often leads to a unique set of challenges where emotional bonds and commercial logic collide. To navigate this landscape, academics and practitioners rely on […]
A beautiful life of Sir David Attenborough. Imagine spending life exploring the natures around the world. Sir David Attenborough’s centenary is more than just a personal milestone; it represents a century dedicated to the wonder of the natural world. As the legendary broadcaster reaches his 100th birthday, he stands as a unique bridge between generations, a […]
Do you have plan to watch succession in family business for weekend? Here one you can binge watch. Succession, which won numerous prestigious accolades including three Emmy Awards for Outstanding Drama Series (2020, 2022, and 2023), explores the complexities of running a large-scale family business. The series centers on the Roy family as founder and […]
Warren Buffett’s investment philosophy is often viewed through the lens of stock market indices and compound interest, but its core tenets offer profound wisdom for the unique ecosystem of a family business. For businesses navigating the complexities of kinship and commerce, two of Buffett’s principles stand out as vital for long-term survival: the Golden Rule […]
Businesses can no longer view the Earth and its people simply as resources along with a fundamental shift toward the circular economy that is designed to eliminate waste, keep products and materials in use for as long as possible, and regenerate natural systems. A circular economy contrast with the traditional linear economy where raw materials are extracted, transformed into products, used and later discarded. In a circular economy, resources are maintained at their highest […]
Family businesses are essential drivers of innovation, employment, and community stability in the modern market. Analysis done by McKinsey & Company, an international management consulting firm, found that family-owned businesses account for more than 70 percent of global GDP and about 60 percent of global employment. Unlike their publicly traded counterparts, which are often beholden […]
A strong business foundation means little without the next generation of family business ready to sustain it. Family businesses can be built on solid foundations, but without a proper transition strategy, many struggle to survive beyond the first generation. One of the most common pitfalls is the lack of a structured career path for successors, […]
Imagine a world where the sun rises and sets while you remain on the factory floor until one day in May there was a historical change turned into Labor Day celebrated globally. In the 19th century, this was a daily reality for workers. In the 1800s, especially during the Industrial Revolution, factory workers faced extremely […]
Let’s learn wisdom on Human Conflict from Fyodor Dostoesvski a Master of Classic Literature. Behind every business decision, there’s one factor that never truly changes: human nature. One writer who explored this complexity with such poignancy and remains relevant today is Fyodor Dostoevsky. Born in Russia on 11 November 1821, Fyodor Dostoevsky was a philosopher, […]
Having break is a must for businesspeople and Mahjong with its tactical game is good for family businesses to have a rest yet stimulate ideas and thinking with fellow family business members. Like water mixed with sand, a constantly stirred mind stays cloudy, while stillness allows clarity to return. Our brains work the same way: […]
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