Special Report

Highlights of CEIBS Kaifeng CFH’s First Roundtable Meeting

March 12, 2013. Shanghai - World leading academics and dozens of first and second generation family business executives from across China turned out today for the first Roundtable Meeting organized by the CEIBS Kaifeng Center for Family Heritage (CEIBS Kaifeng CFH). The roundtable’s theme, Relationships, Governance, and Management in Family Business, sparked a lively discussion among the participants, who shared their insights and experiences regarding topics such as family relationships, cultivating successors, and inheriting the entrepreneurial spirit and family values.

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The Succession and Development of Family Business

For more than three decades we have seen Chinese family firms go through the entrepreneurial stage of development. Today, as the global economic landscape has evolved, the primary focus of these firms is gradually shifting towards upgrading and transforming their business. Meanwhile, these firms also face an additional challenge not faced by their non-family counterparts - how to ensure a smooth transition of the family business from one generation to the next.

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Family Relationships and Business Succession

A family business is a company based on family relationships. Without this distinctive aspect, family businesses would face the same challenges as their non-family counterparts. It is relationships among family members that lie at the core of family business governance.

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The Water Supporting A Boat Can Also Sink It

One of the biggest differences between family and non-family businesses is the family relationship. The social relationship between family members is one of the unique characteristics of family businesses and is essential to the family system. It exerts significant influence on the operation of a family business, either directly or indirectly. Many family businesses don’t realize the significance of the family relationship to the success of their business until the relationship comes apart.

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The Global Challenges Facing Family Enterprises

When family enterprises first began to be recognized as a unique type of business organization, it was widely assumed that because each enterprise represented a specific family culture and was influenced by a regional culture, they would have little in common. However as increasing numbers of family enterprises venture beyond their home markets, the integration of regional and family culture begins to play a bigger role in the development of a family enterprise. When we know more about different regional business cultures we can better understand family business cultures.

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How to Break the “From Shirtsleeves Back to Shirtsleeves in Three Generations” C...

Family involvement in management adds a level of challenge and complexity to family business governance. The practice of placing family relationships ahead of corporate rules often results in severe internal conflicts within a family firm and can even sow hatred amongst family members.

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The Road to Family Harmony & Wealth

Don’t Give the Fish Away, Teaching People How to Fish is a Better Way to Feed Them
There are many similarities between family and business dynamics. Ethnic Chinese people in Southeast Asian countries have started many family businesses and Chinese mainland family businesses have many similarities to their Southeast Asian counterparts. Family values have also evolved across different countries and generations.

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CEIBS Pando Association Launched during Family-World Forum

December 8-9, 2014. Shenzhen - The CEIBS Kaifeng Centre for Family Heritage (CKCFH) held a two-day “Family-World Forum” in which renowned family business scholars together with first- and second-generation entrepreneurs from Chinese family businesses explored family business development and succession and the traits of family culture. The speakers at the event included Ms. Hu Hong from the Kaifeng Foundation, CEIBS Vice President and Co-Dean Prof. Zhang Weijiong, along with Co-Director of the CKCFH Professor Oliver Rui, and Professor of Philosophy from National Taiwan University Yuan Juzheng who each delivered a keynote speech.

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