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February 17, 2021

From the onset of the new millennium, business leaders have been increasingly interested in ‘purpose’—the idea that they might look beyond the profit motive alone to consider why the business exists and what purpose it serves. 

From the onset of the new millennium, business leaders have been increasingly interested in ‘purpose’—the idea that they might look beyond the profit motive alone to consider why the business exists and what purpose it serves. 

The idea was given popular force by business author Simon Sinek, whose 2009 book Start with Why visualised business purpose as a ‘Golden Circle’—actually, three concentric circles, with WHY in the inside circle, HOW in the middle and WHAT in the outside circle.

November 8, 2020

Digitalisation, flexibility and safety keep Melia’s doors open against drop in revenue, Otto Group ‘bounces back’ off e-commerce acceleration, Clark family rescue shoe business with LionRock Capital deal.

Digitalisation, flexibility and safety keep Melia’s doors open against drop in revenue

Spain’s Escarrer family is determined to improve the competitiveness and efficiencies of its global hotel business after counting the cost of the “terrible” impact of the Covid-19 pandemic on the travel industry.

July 1, 2005

Family businesses start small and can take generations to get a foothold in a market. Caution is essential, especially when it comes to borrowing cash. But, say John Ward and Steve Waichler, families are in a good position to diversify and build niche brands

Steve Waichler is a director of Follett and president of the Follett Family Council. John Ward is Wild Group professor of Family Business at IMD in Switzerland and professor of family enterprises at Kellogg School of Management. www.johnlward.com

Family businesses start small and can take generations to get a foothold in a market. Caution is essential, especially when it comes to borrowing cash. But, say John Ward and Steve Waichler, families are in a good position to diversify and build niche brands

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