Why developing leadership in family businesses essential for long-term success
BY PROF. ENRIQUE SORIANO
(Part 2)
AS WE EXPLORED in Part 1, the distinction between merely naming a successor and developing a true leader is fundamental...
Why developing leadership in family businesses is essential for long-term success
BY PROF. Enrique Soriano
IN FAMILY businesses, leadership succession is often viewed as a simple passing of the baton from one generation to the next.
However,...
What is more important? Ownership vs stewardship, Part 2
BY PROF. ENRIQUE SORIANO
IN THE previous article, we explored the distinction between ownership and stewardship, emphasizing why a stewardship mindset is essential for ensuring...
What is more important ā Ownership vs Stewardship? Part 1
FAMILY businesses are often built on the hard work, vision, and determination of their founders. However, as these enterprises transition to the next generation,...
Why I Walk the Camino de Santiago year after year
BY PROF. ENRIQUE SORIANO
AS I STAND here in Austria, ready to begin this yearās Camino pilgrimage through the mountains of Austria and southern Germany,...
Beyond Japan: Global implications of strategic succession
BY PROF. ENRIQUE SORIANO
IN THIS final part of our series, we explore the broader lessons that can be drawn from the Japanese model of...
Comparing the Chinese and Japanese succession models
BY PROF. ENRIQUE SORIANO
THE SUCCESSION of leadership in family businesses is a pivotal issue that can determine an enterpriseās long-term success or failure.
While Japanās...
The powerful Mukoyoshi succession model
BY PROF. ENRIQUE SORIANO
THE JAPANESE succession practice of Mukoyoshi, where a family adopts an adult male ā often a son-in-law ā to carry on...
āBetter to have daughters than sons, for then I can choose my sonsā
BY PROF. ENRIQUE SORIANO
THIS JAPANESE proverb underscores a profound and strategic approach to succession planning that has been instrumental in the longevity and stability...
Part 1: The Japanese Model of Family Business Succession: A Tradition of Longevity
BY PROF. ENRIQUE SORIANO
A COUPLE of weeks ago, I had the privilege of visiting Osaka and Tokyo, where I engaged with several family-owned businesses as...