We have partnered with Egon Zehnder to conduct a comprehensive study exploring the impact of culture on family businesses through a survey of 300 family business owners across Asia-Pacific, Europe, the Middle East, Africa, and Latin America. - 35 countries across the globe - 166 family businesses - 300 participants - 75% of survey participants are decision-makers or strong influencers Learn more here: https://lnkd.in/eBenp7pm #FamilyBusiness #Culture #FBN #Leadership #Governance #BusinessTrends
Around the world, family businesses account for the majority of economic output and employment, and their contribution is increasing. A key element that makes these companies stand out from their competitors is their distinctive culture—typically characterized by long-term vision, strong values, and a commitment to contributing meaningfully to customers, employees, and society. If the leaders of family businesses proactively nurture and manage that culture, it can underpin sustained growth and value creation. However, if not managed consciously, aligning cultures and leadership styles between different generations can pose numerous challenges and vulnerabilities. Egon Zehnder recently conducted a comprehensive study in partnership with FBN (Family Business Network), exploring the impact of culture in family business through a survey of 300 family business owners across Asia-Pacific, Europe, the Middle East, Africa, and Latin America. Here's what we found: https://ego.nz/3Cbrcra #FamilyBusiness