In today’s turbulent environment, the challenges facing family enterprises are significant, and the pace of change is relentless. This calls for families to adapt, or even reinvent, their enterprises more often. Long-term success requires that families and ownership groups be even stronger and better-equipped to make crucial decisions that will impact their trajectory—especially owner-level decisions.
Family enterprises have a much better chance to be sustained over generations if they adopt the practices and build the resources required of the new formula for long-term success, which we will discuss in this Masterclass.
Join this in-depth conversation with a select group of families in our MIT ecosystem and Professor John Davis, the global authority on family enterprise and family wealth.
We will explore:
What are the specific activities that a family-owned enterprise needs to be good at to survive and prosper? Are they the same today as they were yesterday? Are the competitive advantages that family enterprises have traditionally held still relevant today? How do families need to update their formula for long-term success in today’s turbulent environment?