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Succession

Famliy Business World : Asia-Pacific

The Asia-Pacific region has regained its footing following the financial crash of a decade ago. Yuelin Yang explains why now is the right time to found a FBN chapter in Singapore, and reports on the important issues of the day for the area’s family businesses

Focus : The Robert Bosch Stiftung

While “for-profit” philanthropy may seem like a new concept, it’s not. One German foundation has been at it for over 40 years, funding a diverse range of social programmes worldwide. Suzy Bibko learns how the Robert Bosch Stiftung became such an integral part of the Bosch Group and wider society

Governance : family dynamics

Shaping a successful future for business-owning families means dealing with the specific dynamics between the interdependent spheres of family, business and assets. Once balance is achieved, an atmosphere of trust, consensus and satisfaction can follow

Governance : Communication

Succession in family business can be fraught with difficulties,with one generation often blaming the other for any problems encountered. Tom Davidow explains that to ensure a smooth transition, an open dialogue and an open mind are essential for all parties

Don’t let those close to you delay your decision to retire and pass on the baton. Once the planning process is complete, says Tom Davidow, work together as a family and commit to the change – it can be a positive move for you, your family members and the business

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