Josep Tàpies is professor in the department of strategic management and holder of the Family-Owned Business Chair at IESE.
Generational Transfer Models Ariel Diéguez, 35 years old, is the eldest son of Carlos and Mariana, the founders of a family business.
If it’s true that family businesses are influenced by a variety of myths, how does this impact our ability to ensure that our clients can thrive in a competitive global landscape?
Myth 1: Avoiding talking about business at home generates healthy family relations. Reality: Lack of fluent communication among family members enhances the conflicts they face.
Puerto Rico is one of the most developed countries in the Caribbean, located between North and South America where more family businesses successfully transfer ownership to the next generation than has been previously reported in the rest of the world.
Professor Leif Melin, Jönköping International Business School, explains some of the main myths still related to family businesses and why these myths are no longer a reality.
Family firms are usually considered more conservative, averse to taking risks and hardly innovative, as compared to non-family firms.