Summary of Does Technology Make or Break the Family Business?

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Does Technology Make or Break the Family Business?  summary
The family business is the world’s most common business model. But is it a blessing or a curse?

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7 Overall

8 Applicability

7 Innovation

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Recommendation

Ramia El Agamy, editor-in-chief of a specialist publication on family businesses, is passionate about her mission to support family-owned enterprises. She explores the weaknesses inherent in family businesses and investigates how those weaknesses can also be strengths. New technologies, perhaps feared by the older generation, can entice the younger generation to carry on building the business. Although lacking case studies that could provide powerful illustration, getAbstract believes El Agamy’s talk provides much food for thought to be shared at the family table.

In this summary, you will learn

  • What characteristics the family business embodies
  • Why every family business is unique
  • Why new technologies are critical to family businesses
 

Summary

The family business is the world’s most common business-ownership structure, yet individual family businesses are immensely diverse. Some are listed on the stock market; others are managed by the original founder’s family; many employ just the nuclear family; and some encompass a large extended family...
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About the Speaker

Ramia El Agamy is editor-in-chief of Tharawat, a magazine that focuses on family businesses.


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