For many moons those running family businesses have spoken of how their long term perspective sets them apart from other business ownership structures in terms of how it influences their corporate behaviour and strategy. But this summer, as Andrea Illy, Chairman and Chief Executive of famous family owned coffee business, Illycaffe, confirmed why his business […]
I have worked with many family owned businesses in diverse industries over the last 20 years and this has allowed me to gain a greater understanding of how a family business can achieve growth, the risks involved and how governance plays an essential part in ownership control. I am happy to share and extend my experiences with you on how to make a successful endeavour when taking on the challenge to start or run your own family owned business. I welcome you to comment and debate any issues that you face in managing your family business, or to share your successes and best practices with us.
– Steve Woodward
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