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Sustainable Innovations for Family Business
July 18 - 19, 2019 @ 9am - 4pm
Changes in the business environment, technologies, markets, competition, consumer and social preferences, as well as, shifting familial and individual values and attitudes across generations, can challenge the longevity of the business family and its enterprises. Why do some family businesses not only survive, but thrive amidst such challenges, while others wither away after the tenure of a successful incumbent leader?
Family firms that sustain their competitive advantage across generations continue to innovate and create value, while channeling growth in directions aligned not only with the emerging societal needs but also with the passions and interests of the rising generation members. Long-lived family firms pursue sustainable innovation across generations in their family and business domains.