News from AvS – International Trusted Advisors

Cooperation with Ernst & Young as part of an international study

February 2015

Owner families and external managers form a strong team in many family businesses today. But what makes some teams more successful than others? What makes a family business interesting for very outstanding managers in the first place? And where are the crucial sticking points which must be managed to enable a harmonious and long-term cooperation for both sides? Together with Ernst & Young and with the scientific support of ESCP Europe in Berlin, we are currently conducting a study on “External managers in family businesses”. A large number of German family businesses with at least 300 employees and an annual turnover of at least EUR 300 million, which are exclusively run by non-family (external) managers, are being surveyed. In order to shed light on the various perspectives, not only these managers are surveyed, but also the owners of the family business themselves. What’s special: our study is one of the first to examine this interesting topic! We will inform you as soon as the results are available, and the study has been published.