News from AvS – International Trusted Advisors

Presentation of a European study on External Executives in Family Companies in collaboration with EY

May 2016

Since 2014, we have carried out a study on “External Executives in Family Companies” together with EY and supported by ESCP Europe (Berlin). Company owning families and external managers form a strong team in many family businesses today. But what makes some of these teams more successful than others? What makes a family business an interesting work place for excellent managers? And what are the crucial sticking points that enable a harmonious and long-term cooperation for both sides? We have received answers to these questions as well as many interesting perspectives from large family businesses. Initial results were presented a few days ago during the “EY World Entrepreneur Of The Year 2016” conference in Monaco. Within this event, and as part of the “EY Global Family Business Summit”, Andreas von Specht moderated a roundtable discussion on “Effective leadership: attracting and retaining top talent in family business” in front of hundreds of family entrepreneurs from around the world. In the upcoming months, the main results and findings of the study are to be presented at different events with family entrepreneurs in Europe.