By Maya Prabhu, Managing Director, Coutts Institute One of the most significant trends in family businesses the world over is the increased prominence of women into more public and visible roles in the company. Historically, women in family business have had to conform to take less visible roles largely due to […]
The Special Case of Daughters-in-Law in the Family Business
Interview with Dr. Alicja Hadrys-Nowak It is well documented that women face unique challenges in the business world – in both publicly owned as well as family owned companies. For the most part, existing research investigating the role of women in the family business sphere focuses solely on female family […]
Women and Family Business are Good for One Another
Family businesses are often more socially conscious than their non-family business counterparts. They are more likely to hire people and less likely to lay them off, more likely to support their communities, and far more likely to be concerned with the long-term health of their communities. And they are not […]
Women in Leadership: Trends and Challenges in Family Business
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Nurturing Joy in the Family Business
I am a fourth generation family member from Venezuela in a family with 17 first cousins. Since my family founded the business in 1911 in farming and cattle, we have undergone many transformations. In 1997, as a result of a generational transition we had our first Family Council Meeting. Today, […]
Fighting for A Cause – Fundown Caribe
Interview with Claudia Ritzel, President Fundown Caribe, Colombia Claudia Ritzel was born and raised in Barranquilla, Colombia. She is an Industrial Engineer and has worked mainly in the administrative, financial and commercial areas, of one business unit of a 4th generation family business in Santa Marta, Colombia. Today, she is […]
Innovation and Family Business – Thinking out of the Box
Family ownership is often considered amongst the most sustainable ownership models. And yet, despite their many strengths, research shows that family-owned companies can struggle to find the right moment to innovate and “think out of the box”. WIFB met with expert Marijo Bos to ask her opinion on how family […]
Being a Working Mother in the Family Business
Interview with Rawan Issa, Issa Holding, Lebanon You have been with the family business for quite a while. How did you join the company and how has your career developed so far? I joined the family business in late 2006, in Dubai, and started by opening up a branch for […]
Transforming Family Relationships: How to Bury the Weapons and Show Appreciation
Maintaining good relationships between family members is no easy task and yet it is one of the most important ingredients to the success of a family firm. Family members who are in business together have to assume multiple roles (family, ownership, and management), and, therefore must pay close attention to […]
People and Pencils – The Mission of Caran d’Ache
Interview with Carole Hübscher, Chairwoman of Caran d’Ache Established in 1915, Caran d’Ache is one of the leading writing instrument and luxury stationery suppliers in the world. For nearly a century, the family-owned business has been at the forefront of innovation in its industry and has uniquely offered its international customer base […]
Philanthropy and the Family Business
Interview with Ana Maria Matallana-Boggio Ana Maria Matallana loves her country and lovingly spends half her time finding solutions to the social challenges faced by Colombians every day; even if she lives thousand of miles away. Aside from supporting her husband, involved in running a multi-generational family business, she is dedicated […]
Mercedes Salazar – Jewellery with Love
Mercedes Salazar is one of those women that seem to make it all work with relative ease: Career, marriage, and children are radiantly healthy examples of how this remarkable woman coordinates her life. We interviewed Mercedes to find out how she balances work, life, and love and produces jewelry that […]