Global Study On How Family Businesses Manage Companies During Uncertain Times

In a study conducted by the executive search firm Egon Zehnder International, 720 executives were asked about their experience of family businesses.  Respondents included family business owners and executives from the Americas, Asia-Pacific and Europe. 

One of the biggest challenges for family businesses is recruiting top talent and integrating them into structures that have evolved over the years and that are often perceived as being short on transparency. When asked why they would not work for a family business, 40 percent of the executives surveyed name a lack of career prospects.  

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Illustration credit here.