German family businesses must strengthen the digital expertise of their advisory boards

News from AvS Advisors

Next Generation Family Business Boards for the Digital Future

German family businesses must strengthen the digital expertise of their advisory boards

News from AvS Advisors

For many years, we have supported family businesses in establishing and continuously professionalising their advisory boards and other oversight bodies. In recent years, the challenges and opportunities associated with digitalisation have moved increasingly to the forefront. The Covid-19 pandemic has accelerated this megatrend dramatically, increasing the pressure on companies to rethink their business models from the ground up.

Together with Professor Dr Marc-Michael Bergfeld of Munich Business School and Courage Partners, and Dr Stefan Sambol of OMMAX – Digital Solutions, our Partner Dr Christian Bühring-Uhle has developed a discussion paper on this subject.

Our analysis, and in particular the question of how family businesses can bring greater digital expertise into their oversight bodies, has now also been featured in Handelsblatt.

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