The Perpetuity of the Family Business
Do you know the success rate in family succession of Brazilian companies for the second generation? 30%. For the third generation? Only 15%, according to data from IBGE and the World Bank.
There are many challenges. Issues related to management, governance, communication and the lack of a succession plan are some of the issues that partners have to deal with. Furthermore, mergers and acquisitions in sectors that are consolidating make the size and strength of competing companies a threatening force for the business. That is why it is essential to adopt strategies thinking about the longevity of the business.
With this theme in mind, we at Providencia Capital together with the ISE Business School in São Paulo had a special day for you and your family. In addition to Networking and the usual proximity, the Professor of Human Factors and Management and Director of the Business Families Research Center at the IPADE Business School in Mexico, Ricardo Aparicio Castillo, who brought important contributions to our business families.