Next-generation family businesses
Exploring business ecosystems
Family-owned businesses face a growing challenge: How to thrive in today's fluid business ecosystems while still preserving their identity as a business and their cohesion as a family.
Next-generation family businesses: exploring business ecosystems, a 2018 global study by the Deloitte Family Business Center, polled 575 current and future family business leaders to investigate their attitudes and actions with respect to the business ecosystems in which they participate.
New entrants and startups, as well as established competitors, are capitalising on a wave of opportunities created by an ecosystem-driven world. Family businesses that can evolve their culture and business practices to take advantage of the same opportunities can gain a competitive edge.