Australian institute of Company Directors (beta)
Topic: Family business
A family business is a commercial organization in which decision-making is influenced by multiple generations of a family—related by blood or marriage.
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Governance Leadership Centre
Rebooting the business
26 September 2017
The shutdown of the car industry forced small Geelong manufacturer Austeng to dramatically rethink its operating model.
How customers can help SMEs create reliable innovation opportunities
12 July 2017 | Andrew Klapka GAICD
Business thrives when customers get what they ask for. In part three of his series on innovation, Andrew Klapka GAICD sets out ways SMEs can engage with their customers to jump-start innovation.
Opinion: Do we need separate ‘owners boards’?
25 January 2017 | Ludo Van der Heyden
Do private businesses need a second shareholders’ board to balance the interests of owners? Ahead of his appearances at AICD events in Sydney and Melbourne in February, Ludo Van der Heyden, INSEAD Cha...
Avoiding entrapment in the family business
1 December 2014
With an estimated 65 per cent of all family businesses having two or more generations working in them, it is vital to ensure that the older generation avoids entrapping younger family members in the b...
Avoiding family feuds
3 May 2010
Family-owned businesses dominate Australia’s commercial landscape, accounting for around two-thirds of all businesses operating in the country. Emerging research also indicates they outperform their p...