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Adapt | <strong>Evolve</strong> | Transform: Part 3
Evolution in the Family Business Field

Adapt | Evolve | Transform: Part 3

Thanks to the contributors to the third issue of a five-part series on the concept of “evolving” in family enterprises and family enterprise advising. Yours in practice, The Practitioner Go here for The Changing Times for Business Families in Asia: The role of family business advisors by Prof. Annie Koh and Esther Kong. Go here for Evolution of Japanese … Continue reading

Changing Times for Business Families in Asia: The role of family business advisors
Evolution in the Family Business Field

Changing Times for Business Families in Asia: The role of family business advisors

Family firms play an integral role in many of Asia’s economies. Unlike their counterparts in the United States and Europe, which have several generations of sustained transitions, the majority of Asian family firms (with the exception of Japan) are relatively young. Many are still predominantly in the midst of transitioning their businesses from either first … Continue reading

The Evolution of Japanese Family Business Governing Principles
Evolution in the Family Business Field

The Evolution of Japanese Family Business Governing Principles

Japan is known as a country of long-lived firms. We have almost 3,937 companies that have been in business for more than 200 years. They are mostly family-owned businesses, which, according to Prof. Toshio Goto of the Japan University of Economics, represents almost 45 % of all the long-lived businesses in the world. One of … Continue reading

The Evolution of the Field of Family Business: Views from Northwestern’s Center for Family Enterprises
Evolution in the Family Business Field

The Evolution of the Field of Family Business: Views from Northwestern’s Center for Family Enterprises

While family-owned businesses have existed and evolved for centuries, knowledge of their systemic distinctiveness has a far more recent origin. Research in the field dates from just 25 to 30 years ago, but has since evolved at an exponential rate. Fortunately, this recent origin means that pioneers are still around and able to reflect on … Continue reading

Adapt | <strong>Evolve</strong> | Transform: Part 2
Evolution in the Family Business Field

Adapt | Evolve | Transform: Part 2

We continue with our series focusing on the evolution and evolutionary patterns of family enterprise. Thanks to authors Boris Matijas and Anthea Moores for two views on collaboration as an evolutionary strategy. Yours in practice, The Practitioner Go here for Evolving from We Win to Win-Win by Boris Matijas. Go here for Collaborating: The 5th … Continue reading

Collaborating: The 5th C that evolves clients to sustainable competitive advantage
Evolution in the Family Business Field

Collaborating: The 5th C that evolves clients to sustainable competitive advantage

As advisors, we seek to help our clients evolve to different places. Sometimes this entails changing strategies, growing the business, advancing the professionalization agenda, developing next generation leaders or increasing knowledge and awareness of their uniqueness. All these require specific interventions targeted to clients’ needs. This article highlights how collaboration helped a family business evolve … Continue reading