The acceleration of technological innovations and the challenges associated with adapting to them seem to point toward a tumultuous future. That future appears to be approaching faster than ever. Companies are finding it harder to maintain their positions in industries that are increasingly subject to disruption. And while investors may not be able...
We have the answers
Search Results
The list of national retailers that have filed for Chapter 11 protection in recent years with the intention of reorganizing but instead wound up liquidating. Remember Circuit City, KB Toys, Borders, Linens-N-Things, and Sports Authority? All gone. Earlier this month, The Limited, an apparel chain dating back to the 1960s, became the first retail ca...
Based on a global survey of high-net worth individuals, including almost 300 family business owners, the eighth instalment of Barclays Wealth Insights provides fresh analysis into the state of family businesses around the world today. The report will assess the current situation and prospects of family businesses, and examine in detail their un...
Companies that manage their people, or talent, successfully are in good position to weather volatile times and emerge in better shape than ever. Deloitte offers suggestions beyond downsizing to align short-term budget-trimming needs with companies' long-term personnel strategies and overall business objectives.
Despite its challenges, the current economic environment offers opportunities that can benefit family-owned businesses. This article from the Beringer Group encourages family businesses to consider the possibilities that may exist in acquisitions, corporate restructurings, internal buyouts, succession planning and estate planning.
Family businesses are perceived as having endemic problems, such as governance and succession issues, but their strengths – long-term perspective, stable leadership and strong identity – can give them a competitive advantage. This report from Barclays Wealth examines how family businesses are faring in today's challenging economic, financial and op...
Researchers from the Bank for International Settlements delve into why some companies remain private and how well the philosophy has worked for them. While control seems to be a key factor in companies remaining private, research by BIS shows privately held companies operate as efficiently as those that have gone public.
Entrepreneurs have become increasingly important players in the global economy and have amassed fortunes in doing so. While a worldwide financial crisis would seem to work against them, some entrepreneurs see today's challenging economic environment as the land of opportunity. This report from Barclays Wealth explores what makes entrepreneurs succe...
Family businesses are most at risk for financial troubles based on a lack of formal succession planning and preparation, and on family business owners' personal financial issues, according to MassMutual Financial Group's 2007 American Family Business Survey. The survey also found that family businesses are growing in jobs and revenues, and ...
According to research conducted by JPMorgan Private Bank's Advice Lab, almost one in three family-owned businesses has experienced some form of liquidity event over the last 12 years. An outright sale or a merger or initial public offering has major implications for businesses that may have been family-run for generations. The analysis highlight...
Proper asset allocation and estate planning is often the best gift to children who have neither an interest in, nor propensity for, running the family business. Sale of the family business is usually a once-in-a-lifetime chance to achieve meaningful liquidity, and well-qualified advisors can add much more in transaction value and stress relief tha...
Organizations that invest in leadership development perform better than those that don't. Challenging economic times underscore this fact even more, according to independent reports collected by the Center for Creative Leadership. Studies show investment in leadership development improves financial performance, attracts and retains talent, driv...
While many business owners are struggling to find qualified successors, family members oftentimes oppose proposed sales to outsiders because they think they should have the chance to take over the business. Research from Rothstein Kass suggests that advance planning can minimize family squabbles and ensure smoother business transitions.
KPMG Australia explores six areas related to family business succession: preparation, leadership change, new directions, governance as a priority, performance measurement and pride in the family business. The report focuses on Australian families but offers suggestions and insights that can be useful to families anywhere.
Closing the gender gap at the top of corporations fosters innovation, creates a more balanced work environment and positively affects the bottom line. Yet, achieving gender balance requires new thinking, innovative approaches and courage.