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This week, we conclude our series of commentaries about the report sponsored by the FFI 2086 Society titled, “Professionalizing the Business Family: The Five Pillars of Competent, Committed and Sustainable Ownership.”

This week, we are pleased to continue the series of commentaries on the 2086 Society sponsored research “Professionalizing the Business Family: The Five Pillars of Competent, Committed and Sustainable Ownership.”

This week, we are pleased to continue our series of commentaries on “Professionalizing the Business Family: The Five Pillars of Competent, Committed and Sustainable Ownership” – a research report supported by the FFI 2086 Society.

This week, we are pleased to share a family business case illustrating how Firmenich, the world’s largest privately-owned perfume and taste company, has utilized their concentrated family ownership and governance model to navigate worldwide crises.

Thank you to research report authors Claudia Astrachan and Torsten Pieper and FFI Fellow Andrew Keyt for this timely article on family cohesion, explaining how cohesion can drive family enterprise resilience to cope with disruption such as a worldwide pandemic.

Thanks to this week’s contributor, Andrea Calabrò, for summarizing the findings of the STEP 2019 Global Family Business Survey, which was introduced in the January 8 FFI Practitioner edition about applied research in the field.

This week we are pleased to continue our series of commentaries on the recently released report, sponsored by the 2086 Society, entitled “Professionalizing the Business Family: The Five Pillars of Competent, Committed and Sustainable Ownership.”

This week, we are pleased to share the first in a series of commentaries by members of the FFI 2086 Society about a recently released report sponsored by the group titled, “Professionalizing the Business Family: The Five Pillars of Competent, Committed and Sustainable Ownership.”

Thanks to this week’s contributor, Morio Nishikawa, for providing this case study about the Seibu Group, a Japanese family-owned business that faced a variety of legal challenges beginning in 1993 as the country’s laws changed, and the company’s practices and protocols were not updated.