IMD-OWP22-PostEvent-Report-V11[8]

→Strategy

RECOMMENDED READING

ARE YOU TAKING CARE OF THE 5 FACTORS NECESSARY FOR A HEALTHY FAMILY BUSINESS? Peter Vogel (I by IMD, 23 September, 2021) FAMILY PHILANTHROPY NAVIGATOR Peter Vogel, Etienne Eichenberger, and Malgorzata Kurak

3. Implementing best practices in governance related to the family, the ownership group, and the business. 4. Prepare to welcome millennials and digital natives into their workforces and leverage their unique skills and capabilities to transform the family enterprise. 5. Identify and develop family talent to ensure and manage inter-generational collaboration and transition

in this fast-changing environment. 6. Define specific strategies to preserve and grow the family’s wealth across generations. 7. Leveraging the family’s wealth and influence

WHAT IS YOUR SOLUTION? Family members, board members, and owners can respond by: 1. Anticipating the change and ensuring that they are disruptors and are not being disrupted. 2. Spending time and resources on understanding the latest trends and strategies to successfully govern and manage a family enterprise.

QUESTIONS EVERY FAMILY BUSINESS NEEDS TO ASK (I by IMD, 21 January, 2022)

(personally and through the business) as a force for good to tackle global challenges related to society and sustainability.

WISE FAMILY BUSINESS Joachim Schwass and Anne-Catrin Glemser (Springer, 2016)

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