Family-owned Businesses - A Human Story: Part 2
Amrop began its investigation of Family-Owned Businesses with a journey through the lifecycle of these fascinating firms, identifying the critical stages that shape many an FOB.
What kind of world will an executive step into upon joining a family-owned business? In this article, we look at culture — the force that drives FOBs.
Our series is based on conversations with senior Amrop Partners around the world. Professionals who have cultivated deep and trusting relationships with owners and successors. Our investigation concerns growing and globalizing mid-sized FOBs (with a turnover in developed markets of minimum $1-10 billion, and in emerging markets of $250 million to $2 billion). Founders or descendants hold significant share capital and/or voting rights.1
