Women in Family Business
Meher Pudumjee, Chairperson of energy and environment solutions company, Thermax Ltd, talks about the lessons she learned working her way up through the family business, and the challenges she faced when her mother unexpectedly asked her to lead it. Despite feeling the pressure of following in the footsteps of her visionary parents, Meher focused on what she believed was one of their greatest gifts to her — the wisdom to make decisions that reflect who she truly is.
Cecily McGuckin, CEO of Queensland Steel and Sheet, one of Australia’s longest-running, family-owned steel distributors, talks to us about her extraordinary journey to becoming the first female CEO in Australia’s steel industry, how to build on the first generation’s legacy while managing necessary change, and why a people-centric culture is a winning formula.
In this episode and article, Karmen Yeung, National Head of KPMG Private Enterprise, KPMG China; Camilla Cullinane, Tax Partner, KPMG Private Enterprise, KPMG Ireland; and Robyn Langsford, Partner in Charge, Family Business and Private Clients, KPMG Private Enterprise, KPMG Australia, explore Trends and Strategies Shaping Family Businesses’ Future, how family businesses are responding globally, and the foundational approaches that can lead to success.
This episode is brought to you by A recent report by the International Energy Agency projects that renewable energy will become the largest global source of electricity by 2025 – that’s enough energy to power all of China in 5 years. Considering this revelation, it’s becoming increasingly hard to […]
In this episode, Smruti Sriram, CEO of leading sustainable packaging and merchandise manufacturer Supreme Creations/Bag of Ethics, provides a unique perspective on how her ethically driven family business continues to innovate and adapt in an era of change while remaining true to its core principles. Even when confronting today’s challenging uncertainties, Smruti believes respect and kindness is the strategy that brings success both in leadership and life.
Today, we mark International Women’s Day. The global day of celebration for the social, economic, and cultural achievements of women dates back to New York City in 1909 when activist Theresa Milkier proposed a “National Woman’s Day”. Other activists, including German Luise Zietz suggested an annual event to promote women’s […]
An Interview with Marina Vaughan Spitzy, Director and Founder of Tecolote Advisory A recent UBS study revealed that 59% of widows and divorcees regret not being involved in long-term financial planning when they were married, and 98% would advise other women to take an active role in finances immediately [1]. […]
Li Tan, Chief Strategy Officer of Asia Green Group, Co-Founder of Rare Whiskey Holdings, and Co-Founder of Audacy Ventures, discusses the expectations next-generation members confront after joining the family business, what lessons they can draw from building their own business, and the crucial role communication plays in enabling healthy family-work relationships.
These ten women succeeded their fathers at some of the most successful and iconic family businesses around the world.
Today’s businesses face unprecedented uncertainty. Even before 2020’s pandemic fundamentally upended the status quo, disruption was taking the form of new technology, market globalisation, and ageing demographics. Companies have had to change to meet their goals, but have their boards evolved with them? The board room is coming under increasing […]
Family-owned enterprises are key contributors to economic growth and job creation around the world. But in the face of increased economic, political and environmental uncertainty of the 21st century, how can family enterprises ensure they continue to grow from generation to generation? And more importantly, how can they enable a […]
In its Global Gender Gap Report 2022, the World Economic Forum states that it will take another 132 years before gender pay parity is achieved globally at the current rate of progress. This is the context within which women seek to build their careers and businesses, and for many these […]