Reports

2021

STEP Project Global Consortium – KPMG Private Enterprise Global Family Business Report: COVID-19 Edition

Mastering a comeback: How family businesses are triumphing over COVID-19

Discover their key strategies in the STEP Project Global Consortium and KPMG Private Enterprise Global family business report: COVID-19 edition. There is a widely accepted view that family businesses have mastered the art of resilience, agility and adaptability to overcome any challenges that come their way. When faced with a challenge on the scale of COVID-19, what actions have they taken to tackle the impact on their businesses and families? The Successful Transgenerational Entrepreneurship Practices (STEP) Project Global Consortium and KPMG Private Enterprise joined forces in a survey of family business leaders globally to uncover the answers to that question. Learn about the most important actions that family businesses have taken in the STEP Project Global Consortium and KPMG Private Enterprise Global family business report: COVID-19 edition, which is based on the analysis of 3,010 survey responses received between June and October 2020. In addition to the main report please also explore the different country benchmarking reports available also here.

2020

STEP Project Global Consortium – KPMG Private Enterprise 2020 Global Family Business Case Report

The STEP Project Global Consortium in partnership with KPMG Private Enterprise has developed the 2020 Global Family Business Case report based on 37 family business cases collected during 2020. It provides a first-hand perspective on the opportunities and challenges that lie ahead for the next generation of family business leaders, and practical guidance for continuing to build and sustain their businesses. The experiences and insights of these family business leaders throughout the world are presented in a four-part series of articles that take a close look at the impact of changing demographics on family business succession, the role of women in family business, family governance systems, and the creation of enduring legacies. You can learn about the businesses who contributed to the study, and the families behind them, in their family business profiles. More information about the research design of this report can be found in the methodological note.

2019

STEP Project Global Consortium – KPMG Private Enterprise Global Family Business Report: COVID-19 Edition

The STEP Project Global Consortium released its report in 2019 based on the Global Family Business Survey that included over 1800 family business leaders from 33 countries across 5 world regions (Europe & Central Asia, North America, Latin America, & the Caribbean, Asia & the Pacific, and the Middle East & Africa). The report highlights that the increasing demographic and societal changes make the traditional methods of succession and governance unsuitable in this modern era resulting in 70% of family businesses globally not having a formal succession plan. Demographic cohorts of global family business leaders helps to shed light on how they are overseeing, understanding and managing such challenges within the family and firm structure and culture which is critical to the sustainability of the global family business model.

2021

STEP Project Global Consortium – KPMG Private Enterprise Global Family Business Report: COVID-19 Edition

Mastering a comeback: How family businesses are triumphing over COVID 19

Discover their key strategies in the STEP Project Global Consortium and KPMG Private Enterprise Global family business report: COVID-19 edition. There is a widely accepted view that family businesses have mastered the art of resilience, agility and adaptability to overcome any challenges that come their way. When faced with a challenge on the scale of COVID-19, what actions have they taken to tackle the impact on their businesses and families? The Successful Transgenerational Entrepreneurship Practices (STEP) Project Global Consortium and KPMG Private Enterprise joined forces in a survey of family business leaders globally to uncover the answers to that question. Learn about the most important actions that family businesses have taken in the STEP Project Global Consortium and KPMG Private Enterprise Global family business report: COVID-19 edition, which is based on the analysis of 3,010 survey responses received between June and October 2020. In addition to the main report please also explore the different country benchmarking reports available also here.

2020

STEP Project Global Consortium – KPMG Private Enterprise 2020 Global Family Business Case Report

The STEP Project Global Consortium in partnership with KPMG Private Enterprise has developed the 2020 Global Family Business Case report based on 37 family business cases collected during 2020. It provides a first-hand perspective on the opportunities and challenges that lie ahead for the next generation of family business leaders, and practical guidance for continuing to build and sustain their businesses. The experiences and insights of these family business leaders throughout the world are presented in a four-part series of articles that take a close look at the impact of changing demographics on family business succession, the role of women in family business, family governance systems, and the creation of enduring legacies. You can learn about the businesses who contributed to the study, and the families behind them, in their family business profiles. More information about the research design of this report can be found in the methodological note.

2019

STEP Project Global Consortium – KPMG Private Enterprise Global Family Business Report: COVID-19 Edition

The STEP Project Global Consortium released its report in 2019 based on the Global Family Business Survey that included over 1800 family business leaders from 33 countries across 5 world regions (Europe & Central Asia, North America, Latin America, & the Caribbean, Asia & the Pacific, and the Middle East & Africa). The report highlights that the increasing demographic and societal changes make the traditional methods of succession and governance unsuitable in this modern era resulting in 70% of family businesses globally not having a formal succession plan. Demographic cohorts of global family business leaders helps to shed light on how they are overseeing, understanding and managing such challenges within the family and firm structure and culture which is critical to the sustainability of the global family business model.