Article
Private company issues and opportunities 2020
Family business edition
Few family businesses survive into the third and fourth generations. Often, the culprit is misalignment between the goals, wants, and needs of the business and individual family members.
Family business dynamics
Family is one of the most evocative words in any language. It conjures up thoughts of love, strength, support, and special bonds, but also of conflict, tension, and drama. Nurturing the positive side of this equation takes effort and dedication. While this can be challenging for any family, those in business together must work doubly hard to achieve long-lasting harmony.
In this report, articles from Deloitte practitioners who work with family businesses provide useful insights on topics ranging from succession to social responsibility, from preserving family capital to assessing the health of family businesses, and from innovation to the future of work.
Family business dynamics
Click topics below to browse the articles in this report.
Family business and purpose
No matter where a family business resides and operates, it likely has a purpose that extends beyond...
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Family business health
Many dimensions of running a family business are interrelated, meaning an issue that's affecting...
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Zoom out to zoom in
You can't really understand exponential change if you're just focused on what's changing from day...
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Family governance
Good family governance relies on open and transparent communication. But business families...
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Aligning family and business strategy
Shared values, vision, and culture are among the traits we attribute to entrepreneurial success...
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Access to capital
Like all businesses, family-held concerns often find themselves in need of capital. For many, an influx...
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Social responsibility
At a certain point in the life cycle of family businesses, many owners ask themselves how they can support...
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The future of work
Every family business is unique and has its own distinguishing culture. But every family business faces...
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Ecosystems and innovation
Joining and thriving in an ecosystem can be a challenging, yet rewarding endeavour for family...
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Cyber risk
Today's family businesses operate in a highly connected environment in which the increasing volume of data...
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Preserving family capital
Family-owned businesses have many demands on the wealth they create. There's the ever-present need to keep...
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Succession
Business succession, understandably, is influenced by culture. The process for passing on a family business in China,...
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