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Thursday, January 30, 2025

Entrepreneurship and Family Succession

Why many Chinese family businesses fade by the third generation? Part 2

BY PROF. ENRIQUE SORIANO THE TITLE can be quite daunting, especially for founders and business owners who have devoted their lives to nurturing and growing...

Why many Chinese family businesses fade by the third generation

BY PROF. Enrique Soriano OVER THE past 15 years, Iā€™ve witnessed a remarkable resurgence of interest in governance among overseas family-owned businesses of Chinese descent. This...

Upholding the Family Constitution: The power of communication and enforcement

BY PROF. ENRIQUE SORIANO AS I LEAVE New York after a week of governance work and board my flight to Michigan, I reflect on the...

Understanding Why Family Constitutions Fail – A Case Study of Family B

BY PROF. ENRIQUE SORIANO ā€œEVEN IF Iā€™m not in the business, I still own shares and should be entitled to allowances and perks.ā€ā€œWhy was his...

Unveiling the reality: The truth behind family constitutions

BY PROF. ENRIQUE SORIANO CRAFTING a family constitution is often portrayed as a pivotal moment, promising to unite family members under a shared purpose and...

Advice to business leaders: Donā€™t die before your death

BY PROF. ENRIQUE SORIANOĀ  CASE STUDY: Masaya Nakamura, founder of Pac-Man, died in his Tokyo office in 2005 at age 91. Renowned as the ā€œFather of...

90% of family members unaware of fiduciary duties!Ā 

BY PROF. ENRIQUE SORIANOĀ  HERE IS a case involving a middle-aged family member (identity withheld), concurrently serving as a shareholder and director, who was recently...

A pilgrimage of self-love and reflection for business leaders

THE LENTEN season, with its emphasis on reflection, sacrifice, and renewal, offers valuable insights for family business founders and leaders as they navigate the...

Where did time go? A wake-up call for leaders to act

BY PROF. ENRIQUE SORIANO TIME flies, especially for leaders in their 60s facing uncertainty about succession. If youā€™re still unsure who will step in to replace...

Sibling conflict: Unraveling the Adidas-Puma rivalry

BY PROF. ENRIQUE SORIANOSIBLING bonds are the bedrock of family ties, enduring through generations and shaping the course of history. Yet, beneath the surface...