Women in Family Business
Knowledge articles to inspire women in their diverse functions in the business and the family.
Women Leaders in Family Enterprises (WLife) recently released the results of its 2023 research survey, which focused on identifying the biases faced by female family business leaders due to their gender. The survey also examines the repercussions of bias and discrimination within the family business setting, and how they affect perceptions regarding women’s competency, professional performance, and career progression.
We’ve curated a list of 14 books that not only underscore the incredible strides women have made in the business world but also address the crucial need for more resources and larger platforms to elevate their thought leadership and contributions.
Constant shifts, geopolitical instability, technological disruptions, and economic uncertainty will shape leadership in the 21st century. The next generation of leaders will be defined by their ability to chart a course through turbulent periods and their readiness to adapt to the growing drivers of significant global change.
Authenticity comes from recognising your core values and staying true to them, especially when faced with external challenges or expectations. Defining authenticity can be difficult due to the wonderful and unique differences in everyone, but when you communicate directly and transparently, sharing your thoughts, feelings, and experiences, you project your authentic self. This, in turn, demonstrates that you respect your identity and are unafraid to extend that same respect to others, fully accepting both the consequences and rewards that come from exchanges born from profound honesty.
From successfully navigating financial crises to pioneering innovative strategies, women in family businesses are showing us ways to safeguard their family’s legacy and ensure the growth and success of their companies for generations to come. Their stories highlight the resilience and determination of female leadership while illustrating the enduring power and strength of the family unit.
These ten women succeeded their fathers at some of the most successful and iconic family businesses around the world.
GEM’s survey-based analysis underscores the progress women entrepreneurs have made on a global scale, the value they bring to communities and economies and the resilience their businesses demonstrate when confronted with persistent challenges and instability.
In Latin America, family businesses are the predominant economic players. Their sustainability is crucial to national ecosystems, as each family brings unique cultural and economic contributions. However, like any regional cluster, these Latin American business families are subject to prejudice, myths and stereotypes that can limit their potential for growth. […]
When discussing women’s roles in the family business, we often fail to recognise how different perspectives can change the conversation. A shift towards this recognition is critical for empowering the next generation and promoting a more inclusive environment. Daniel Trimarchi, Director of Family Business Advisory at KPMG Private Enterprise in […]
A dedicated research project on the challenges, hopes and dreams of women in family business leadership positions Business Consulting Resources (BCR) undertake an annual research project on the topic of women in the family business, creating a platform for women to share their personal experiences and shed light on issues […]
Over the past three months, the COVID-19 pandemic has taken its toll on many communities, families and businesses. While the global lockdown has presented many challenges, it has also provided an opportunity for reflection on our societal and business structures. One of the major flaws that the worldwide lockdown has […]
While working in a family business brings its own difficulties, the women who make up the various roles within each enterprise face unique daily challenges that require practical championing. There are many aspects within the workplace that women cannot control. However, they can proactively create an inclusive community to combat […]