European CEO: Family Businesses and the Ties That Bind
(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwired) -- 04/08/16 -- The family business is a tried and tested model, and has shown itself to be stable in times of economic hardship. However, the close bond between family members can quickly turn sour. The latest issue of European CEO delves into one of the strongest institutions of all - the family, exploring what makes it a recipe for both success and conflict.
According to the European CEO report, family bonds can make for a formidable force in business, and, together with the embedded goal of longevity, represent a proven formula for success. Relations in business often go above and beyond the normal call of duty when it comes to individual responsibilities, and a strong family tie can inspire commitment and dedication that other relationships simply cannot. Unfortunately, family feuds and rivalries are par for the course, and history is littered with examples of how family ties can be as much a curse as a blessing.
Speaking to European CEO, Nicolas Kachaner, Senior Partner at BCG, said: "If you look at what keeps the CEO of a family business awake at night, their fear is to harm or destroy what they have created or inherited. So, they will always think about the long-term prosperity of the company, not the short-term performance." In short, a corporate environment can benefit from the values that accompany family-run businesses.
The challenges come when the issue of pride or entitlement spills over into everyday proceedings, and many a company has suffered the ill effects of tensions shared between family members. The European CEO report looks at how best to avoid these challenges and pours over some of Europe''s best-known success stories.
Also in the new issue of European CEO are features looking into the crisis unfolding in Europe''s steel industry, the continent''s lesser-known demographic crisis and Paul Polman''s commitment to environmental and social good at Unilever.
For coverage of the issues affecting business in Europe, the latest European CEO is available to read now in print and online.
World News Media is a leading publisher of quality financial and business magazines, enjoying a global distribution network that includes subscriber lists of the most prominent and senior decision-makers around the world, as well as comprehensive airport, hotel and conference site distribution.
Contacts:
European CEO
Matthew Timms
Editorial Department
+44 (0)20 7553 4177
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 08.04.2016 - 09:00 Uhr
Sprache: Deutsch
News-ID 1426910
Anzahl Zeichen: 2824
contact information:
Contact person:
Town:
LONDON, UNITED KINGDOM
Phone:
Kategorie:
Books & Publishing
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 249 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"European CEO: Family Businesses and the Ties That Bind
"
steht unter der journalistisch-redaktionellen Verantwortung von
European CEO (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
