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Ownership and Management

July 1, 2004

Some business-owning families believe that family success in philanthropy is much easier than family success in business. Not so. A family foundation still has to pass through the generational stages of involvement and control – with all the associated issues

John L Ward is the Wild Group Professor of Family Business at IMD (Switzerland) and Co-Director of the Center for Family Enterprises at Kellogg School of Management (USA). He serves on the boards of four family companies in Europe and the USA.

Some business-owning families believe that family success in philanthropy is much easier than family success in business. Not so. A family foundation still has to pass through the generational stages of involvement and control – with all the associated issues

July 1, 2004

Amassing a fortune is an often an event that takes place quickly. But can today’s families learn from yesterday’s leaders in protecting their wealth, their well-being and the good of wider society?

Dennis Jaffe is a professor at Saybrook Graduate School.

Amassing a fortune is an often an event that takes place quickly. But can today's families learn from yesterday's leaders in protecting their wealth, their well-being and the good of wider society?

July 1, 2004

You don’t have to throw your company to the lions when the time for exit approaches. Melanie Stern examines how selling to your managers or staff can provide another way out

Melanie Stern is Section Editor of Families in Business magazine.

You don't have to throw your company to the lions when the time for exit approaches. Melanie Stern examines how selling to your managers or staff can provide another way out

Yeah, yeah, yeah – so we know that business-owning families have never sat pretty with the idea of exiting by selling their beloved companies to a rival, and even less so with going to market.
 

May 1, 2004

John Timpson is chairman of Timpson, a high street service retailer based in Wythenshowe, Manchester. The company was founded in 1903 and currently has 350 shops around the UK. John is married to Alex and has five children, of which two work in the business.

John Timpson is chairman of Timpson, a high street service retailer based in Wythenshowe, Manchester. The company was founded in 1903 and currently has 350 shops around the UK. John is married to Alex and has five children, of which two work in the business.

Saturday
Being a retailer I used to feel guilty not working Saturdays, but now Saturday morning is golf. With the course close to home, I can play 18 holes, visit the bar and be home for lunch.

May 1, 2004

Family business tend to perform better than their non-family counterparts, which may be why more and more wildly successful firms like Google are getting in a family way

John L Ward is the Wild Group Professor of Family Business at IMD (Switzerland) and Co-Director of the Center for Family Enterprises at Kellogg School of Management (USA). He serves on the boards of four family companies in Europe and the USA.

Family business tend to perform better than their non-family counterparts, which may be why more and more wildly successful firms like Google are getting in a family way

May 1, 2004

The biggest family businesses capitalise on their family ownership in their brand – a smart move, as family values have the edge in the era of corporate mistrust

Melanie Stern is section editor of Families in Business magazine

The biggest family businesses capitalise on their family ownership in their brand – a smart move, as family values have the edge in the era of corporate mistrust

When asked what the most successful and most recognised family businesses are, who comes to mind? Ford Motor? Rothschild? Johnson & Johnson?

May 1, 2004

Engaging with the media is no longer a choice for family businesses – it’s essential

Melanie Stern is section editor of Families in Business magazine

Engaging with the media is no longer a choice for family businesses – it's essential 

May 1, 2004

Being an entrepreneur and running a family business can be lonely but women simply can’t afford to be unproductive, which is why so many of them excel at their task at hand

Terri Heggum-Allen is National Executive Director of the Canadian Association of Family Enterprise.

Being an entrepreneur and running a family business can be lonely but women simply can't afford to be unproductive, which is why so many of them excel at their task at hand

March 1, 2004

Cypriot-born Andreas Liveras made his fortune in England in the food business. But retirement left him wanting and so over the course of 20 years he built up one of the most successful yachting companies in the world. Liveras is currently building five splendid yachts aimed at the charter market.

Cypriot-born Andreas Liveras made his fortune in England in the food business. But retirement left him wanting and so over the course of 20 years he built up one of the most successful yachting companies in the world. Liveras is currently building five splendid yachts aimed at the charter market.

Monday
The hotel staff at Athens Airport wake me at 4.30am. By 5.45am I am sitting in my seat on Alitalia: destination Nice via Rome. I arrive at 10.30am and am driven to my office in Monaco by my secretary.

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