Susanna is an expert in design end creativity management with a particular focus on Sustainable Design, Social Entrepreneurship, Service Design Thinking, Social Innovation, Enabling Solutions and the use of Design Research methods as an a human-centered approach. In her role at The Entrepreneurs' Ship she serves as a solution provider by using «Design» as a strategic tool to help our partners including scientists, policymakers, educators and established organizations in developing solutions in response to today's needs.
For some, the notion of working with a husband or wife is a desirable personal and professional scenario. If this partnership works well, husband-wife businesses are spectacular. However, if it does not work out, it can be devastating for the company and the marriage. But what do you need to consider when it comes to setting up a business with your life partner?
Generating stakeholder trust is key to achieving success. Four key factors that shape trust in business include: Industry and Sector: The technology industry continues to lead as the most trusted sector Country of Origin: Companies with headquarters in the BRIC nations are considered less trustworthy than those in the West […]
The 10 Largest Family Businesses In The World (By Revenue):
1 – Wal-Mart
2 – Volkswagen
3 – Toyota Motor
4 – Samsung Electronics
5 – Ford
6 – Fiat S.P.A.
7 – SK Holdings
8 – BMW Group
9 – Hyundai Motor
10 – Arcelormittal
“One of the things we often miss in succession planning is that it should be gradual and thoughtful, with lots of sharing of information and knowledge and perspective, so that it’s almost a non-event when it happens.” – Quote by Anne M. Mulcahy
Successfully building and operating family businesses over multiple generations requires the ability to creatively respond to challenges and complex issues that arise with each generational transition. What are typical circumstances, associated challenges and ways to successfully overcome these challenges?
As the concept of the Innovator’s Dilemma pervades business culture, organizations big and small, in sectors from education or high-technology, increasingly worry they will be “disrupted” by industry newcomers. “Disrupt or be disrupted,” the Silicon Valley adage goes, influencing organizations to experiment with emerging business models, out of fear that these harmless new players may down the line challenge their age-old business (e.g. MOOCs and business schools). Driven in part by this need to stay at the frontier of innovation of a quickly changing landscape, large and established companies are investing in new ventures. At first glance, family businesses may play no obvious role in this dynamic, neither as investor or investee. However, Family is one of the Fs in the three Fs of entrepreneurial financing, along with Friends and Fools, meaning that family businesses have likely started with family funding at one point. Furthermore, the unique goals and composition of family businesses may in fact provide them with considerable advantages compared to non-family business investors.
“All men dream: but not equally. Those who dream in the dark recesses of the night awake in the day to find all was vanity. But the dreamers of day are dangerous men, for they may act their dreams with open eyes, and make it possible.” – Quote by T.E. Lawrence