Recent surveys have unveiled a resounding consensus among family business leaders: the imperative to explore untapped territories ranks among the top priorities for strategic evolution.
Dennis T. Jaffe, PhD, Senior Research Fellow at BanyanGlobal Family Business Advisors, acclaimed workshop leader, speaker, and author, shares common traits, actions, and philosophies of family enterprises around the world that are 100 years old or older.
The author discusses how running a business and a family unit with an eye toward diversification is the best way to ensure a family’s legacy and, ultimately, the enjoyment of the fruits of the family’s labor for generations to come.