Wendel International Centre for Family Enterprise
The Wendel International Centre for Family Enterprise enables INSEAD to run events and educational programmes that benefit family firms across the globe. The Centre has also adopted a wider advocacy role by raising awareness and understanding of the importance of family enterprise as a business model: not only are family firms in their many forms the most prevalent type of companies worldwide - they are also proven to be among the most successful in the long-term.
Watch Out For...
18 June 2016 - Innovation and Entrepreneurship in Family Businesses - Fontainebleau Campus- registrations still open, Get in touch Now!
New about CBS/INSEAD research partnership
Owner-Management in Denmark - The Owner-Managers And The Transfer Of Ownership
Morten Bennedsen og Kasper Meisner Nielsen, May 2016
Ejerledelse i Danmark - Ejerlederne og ejerskiftet - in Danish The report is intended for owner-managers in Danish businesses as well as accountants, consultants and other stakeholders in owner-managed businesses in Denmark. The report aims to inspire and provide information that is valuable in the planning of the future of owner-managed businesses.
Owner-Management in Denmark - The Financial Consequences Of A Transfer Of Ownership In Denmark
Morten Bennedsen and Kasper Meisner Nielsen, April 2016
In this second report under the title "Owner-Management in Denmark" Professor Morten Bennedsen and Professor Kasper Meisner Nielsen uncover the number of changes of managing directors and ownership changes in owner-managed businesses in Denmark since 1995, and how many to expect in the future. The report also examines the financial impacts that the changes in management and ownership have had on the businesses. The report states among other things, that most changes occur at management levels, i.e either through a professionalization with new directors from outside of the business but without a change of ownership, or in preparation for a succession as new family members enter the management of the business, and that the profit margin of the business declines with successions.
Morten Bennedsen, Brian Henry, INSEAD Knowledge - 18 March 2016
Succession plans for family firms only work with the buy-in of all members. In this article Professor Morten Bennedsen writes about the Thammawattana Family. In 2014, they signed a deal "to end fifty years of bloodshed and infighting."
Morten Bennedsen, The National - 17 March 2016
Family firms smack of tight control, risk aversion, lengthy chief-executive tenure and traditional industries and products. Some research has gone as far as saying that family ownership harms innovation for these very reasons. Others say it benefits innovation. But both arguments miss a fundamental variable that determines the innovative edge of a family firm – its family assets. INSEAD Professor of Economics and Political Science Morten Bennedsen comments.
Randel Carlock, Fortune Time - March/April 2016
In this Chinese edition of Fortune Time, Professor Randel Carlock shares about Singaporean woman directors for public companies
How To Institutionalise Innovation - In Chinese only
Morten Bennedsen, China Family Business Review - 4 March 2016
Family firms provide lessons in creating continuously innovative companies. Discover why family firms have an edge when it comes to innovation..
Family Business United - 3 March 2016
Professor Morten Bennedsen's latest book entitled “The Family Business Map” co-authored with Joseph P.H. Fan, identifies a number of challenges that families and businesses across the world face during a succession process. These include cultural issues, the transferral of family assets and competency.
Randel Carlock, Education Post- 23 February 2016
In this article, Professor Carlock describes four entrepreneurial contexts, which require different types of entrepreneurial leadership.
Randel Carlock, 938 Live - 20 February 2016
Professor Carlock speaks on corporate governance issues with a focus on board diversity and women in leadership positions. He also discusses a case on Carly Fiorina, ex-CEO of Hewlett Packard
ZoneBourse.fr - 4 February 2016
In this article, Wendel congratulates INSEAD for its first place in the Financial Times 'Global MBA Ranking 2016' and highlight the long-term partnership initiated in 1996 by Frédéric Lemoine when the Wendel International Center for Family Enterprise has been created.
Jeremy Hazlehurst, Business Family - 3 February 2016
Get in this article four recent family business releases which are well worth getting hold of.
Morten Bennedsen, INSEAD Knowledge - 18 Jan 2016
Family firms provide lessons in creating continuously innovative companies. Discover why family firms have an edge when it comes to innovation...
Looking at recent events from Toyota’s history, three tips contributing to the success of the Toyota family business have become strikingly obvious: the importance of family names, professional innovation of the firm and its ownership structure, according the authors.