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Successful family businesses remain entrepreneurial and dedicated to innovation and are powerfully oriented towards growth

Family businesses that register the biggest success are those which can integrate practical elements with innovation, strategy and commercial spirit, as well as with care towards family values.

Those who manage to fulfil these conditions determine growth in the long term and insure family unity, shows the report launched by EY and Kennesaw State University’s Cox Family Enterprise Center, entitled “Staying power: how do family businesses create lasting success?”.


The report is underpinned by 1,000 interviews and the answers received from the biggest 25 family businesses from each of the 21 markets at a global level.


For more information, please see the Romanian version of the article, here.
 

Authors

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ERNST & YOUNG SRL