In Family owned Businesses the main challenge lies in finding the right balance between Family, Business and Ownership
I. How can a Family add value to the Business over time?
- Family Culture & Legacy
- Transition of Human & Social Capital
- Family Vision of Quality, Creativity and Innovation
II. How can the Family use its Ownership position to influence and add value to the Business?
- Alignment of lnterests
- Leadership and Social responsibility
- Sustainibility and Credibility
III. How can the Business add value to the Family over time?
- Substantial Source of Income
- Shared common denominator for family members
- Respect, Admiration and Pride (socially advanced company)
- Reinforcement of Family culture/values/commitment
