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Cross-cultural

Articles exploring the cross-cultural dynamics of family companies from the perspectives of practitioners around the world.

Thanks to the FFI Asian Circle Virtual Study Group members, Linda Salim and Kimberly Go for this week’s edition that examines the important role of the Chief Emotional Officer (CEO) in Asian family enterprises.

Thanks to the FFI Asian Circle Virtual Study Group and Yirhan Sim for this week’s edition that features a family enterprise case that demonstrates the challenges experienced by the “sandwich generation” through the transition to lead a family enterprise.

Thanks to the FFI Asian Circle Virtual Study Group and Linda Salim for this week’s edition featuring mini-cases on succession planning in three Chinese-Indonesian family enterprises with lessons for advisors around the world.

This week, we are pleased to share a summary of a recent survey of wealthy Nordic women aimed at gaining a better understanding of what drives their investing decisions.

Thanks to this week’s contributors and members of the FFI Asian Circle Virtual Study Group, Yukio Fujimi, Chikako Kishihara, and Kazuyoshi Takei, for their article that provides an overview of the Taoist approach to family therapy.

This week, we are pleased to feature an article by 2020 FFI Fellow Thomas Ang with a suggested approach for advisors to begin discussing wealth transition with their family enterprise clients.

During times of disruption, how can family enterprise advisors help their clients navigate unchartered waters to survive turbulence and prepare for an unpredictable future?

We hope you’ve been enjoying the month-long FFI Practitioner series dedicated to the theme of “Reflections,” which concludes this week with a piece by Paul Chung and Chin Chin Koh. In this article, the contributors reflect on the ancient Chinese Mid-Autumn Festival and explore its parallels to family enterprise.

The decision-making process within a family business can be one of the most complex issues confronting consultants when working with a client. This week, we’re fortunate to share an article from Luis Medina, where he examines these complex processes within the context of Latin American family businesses.

Female entrepreneurship and leadership is gaining momentum in Asia. Asian female entrepreneurs create more and more wealth.

In India, family businesses range from small mom-and-pop stores to large conglomerates with equally varied business interests.

There will be few today who would not agree that family businesses are of chief importance in shaping the future of the MENA. This was not always the case, and only a decade ago perceptions were quite different.

The Arab world is a complex region. It is geographically, culturally, historically diverse, yet, from the outside, it is often perceived as a homogeneous region and stereotypes are applied across the board.

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.

Following on ten other articles on philanthropy this year, The Practitioner is pleased to present “Celebrating and Inspiring Philanthropy around the World” by Lenka Setkova.

The private sector in the Caribbean is comprised of a relatively small number of large multinational and national or regional firms, a larger number of medium-sized entities, and a preponderance of small/micro enterprises [1].