Happy International Women’s Day to everyone out there! We thought this would be the perfect time to remind you all of the great content that is produced by the women in our community on this website and our podcast. At WIFB we believe that one of the most important parts […]
Knowledge
Knowledge articles to inspire women in their diverse functions in the business and the family.
The Sensitive Topic of Power
Many people today are discussing the subject of succession and, more specifically, rising female leadership. Both areas include multiple moving parts. However, one word that contributes to the discussion requires white gloves more than any other – power. There are several reasons why we, as a society and as individuals, […]
Daughters Changing the Conversation About Succession
After being traditionally excluded from the succession process, women’s role within the family business is finally changing. This shifting trend coincides with the leadership transition from Baby Boomers to younger generations. The fundamental, generational difference in attitude about gender is helping to fuel this progress; however, as Professor Francesca Maria […]
Power with an Apology: What Women Face in Hurdles and Team Building
When a woman assumes a leadership role, she will often begin her first meeting with an apology.[1] Perhaps she is apologising for the fact that she is now the head of the family business. Perhaps she is apologising to soften the transition related to her succession. She may even be […]
The Outstanding Value of Family Businesses
Insights from Hussein Shobokshi, Director of SHOBOKSHi Development and Trading The history of family businesses in the Arab world has been a turbulent one. Bearing incredible success stories as well as human tragedies, Arab family businesses have lived through all kinds of socio-economic changes. Challenges with new government policies, as […]
Financing Growth in Family Businesses
As we move past the financial crisis, the global economy has become thirsty for growth. While the BRIC countries escaped relatively unscathed and have been enjoying buoyant growth, the economic picture in Eastern Europe and the Middle East has become polarised: businesses are either flourishing or continuing to suffer. Western […]
Succession Deconstructed
Managing succession is one of the greatest challenges businesses face. By realising that it is a topic where the subjective perception trumps objectivity, and by accepting that there is no one right answer, family businesses can approach the issue with more structure, before it becomes a matter of urgency. Splitting […]
HR Systems in the Family Business
The Nuqul Group is one of the largest family-owned company in Jordan and the Middle East and has just celebrated its 60th anniversary. A business family is often mentioned in relation to its external achievements such as the establishment of brands, acquisitions, mergers, projects, and community involvement. Undoubtedly, however, when […]
Managing Family and Non-family Employees
A dialogue between Amy Schuman and Dr. Stephen McClure What happens when you put two family business experts into one room? We have tested it with family business consultants and authors Amy Schuman and Dr. Stephen McClure from The Family Business Consulting Group, USA. Providing us with deeper insights than […]
How A Focus on Sustainability is an Investment in Value Creation
Sustainability could be considered to be the alignment of the business within the market and environment in which it operates to maintain strategic flexibility and increase business longevity. This article by Edward Nicholson, Managing Partner at Mercator Partnership Limited, and Consultant to Maitland Group, demonstrates how businesses can incorporate sustainability […]
Aligning Family and Business Culture – Creating Competitive Advantage
Originally an anthropological term within the social sciences, “culture” is, in everyday language, a word typically associated with the characteristics and customs of nationalities, religions or regions. Since the 1980s, the term “culture” has been applied to businesses and many companies now put considerable time and resources into strengthening their […]
Anger in the Family Business
“ANYBODY CAN BECOME ANGRY – THAT IS EASY, BUT TO BE ANGRY WITH THE RIGHT PERSON AND TO THE RIGHT DEGREE AND AT THE RIGHT TIME AND FOR THE RIGHT PURPOSE, AND IN THE RIGHT WAY – THAT IS NOT WITHIN EVERYBODY’S POWER AND IS NOT EASY.” Aristotle Anger takes […]