Dear SPGC Community,
Dear Family Business Enthusiasts,
As 2023 draws to a close I am filled with gratitude and pride reflecting on the remarkable journey we have shared. This year has been a testament to our collective strength and innovation, marking significant achievements across the SPGC community. Together, we have scaled new heights in Research Excellence, continually pushing the boundaries of knowledge in the field of family businesses. Our commitment to Education Empowerment has seen us nurture and develop the next generation of thinkers and leaders. In Industry Engagement, we have fostered meaningful collaborations, bridging the gap between academia and the real-world challenges of family enterprises. The continuous growth and innovation of our community wouldn’t have been possible without your unwavering support and commitment. It is your dedication that drives us towards excellence and relevance in all that we do. As we bid farewell to this year, I extend my heartfelt wishes to each one of you. May we continue to progress the field of research and practice in family businesses globally. Let’s carry forward this momentum into 2024, exploring new frontiers and creating greater impact together.
Warm Regards,
Andrea Calabrò
(Academic Director of the STEP Project Global Consortium)
IN THE SPOTLIGHT
📢 CALL FOR ABSTRACTS!
Embark on a journey of sustainability, legacy, family, and wellbeing with us! Join us at the SPGC Global Family Business Summiton May 15-17, 2024, in the beautiful Amalfi Coast, Italy. 🌍✨
Summit Theme: “THE PATHWAY TO GOOD - Sustaining Family Business Legacy for Wellbeing.”
🎯 Submit your abstracts by January 8, 2024, to be part of this enriching experience!
Several publishing opportunities, 15 tracks for submissions, great networking experiences, and amazing social events.
SPONSORS
We're immensely grateful to our sponsors for extending their invaluable support to the SPGC Global Family Business Summit. A heartfelt shout-out to our Platinum Sponsor, KPMG Private Enterprise, Gold Sponsor,FBN Finland, and Silver Sponsor, CaMexltalTheir unwavering commitment to fostering innovation and championing family businesses has been a driving force behind this event.
We are proud to have five outstanding family-owned businesses that have opened their doors for a series of Company Visits!
Mastroberardino - Embrace the opportunity to explore this historic Italian business and immerse yourself in the story of the Mastroberardino family. Experience their passion, heritage, and commitment to quality firsthand
DI MAURO GROUP Flexible Packaging - Experience the fusion of tradition and modernity in a family business that has evolved for over a century. Join us in celebrating the dedication and ingenuity of the DI MAURO family.
La Doria - Discover the roots of the family business that is an international leader in the food canning sector.
Sada Group - Visit the family business with century-strong legacy, blending heritage and innovation with family dedication to excellence in primary and secondary packaging in high-quality and value-added cellulosic materials
Ascione 1855 s.r.lada Group - Uncover the family business brand with roots dating back to 1855, renowned for sophisticated interpretations in jewelry. Over 150 years, it epitomizes contemporary styles with innovative lines.
NEW AFFILIATES
The SPGC welcomed two new affiliates this year from the region of Europe:
SPGC-KPMG Private Enterprise Global Family Business Report 2023
The SPGC and KPMG Private Enterprise Global family business report is based on insights from 2,439 family business leaders from 70 countries and territories, the report explores why sustainability is a business imperative for achieving long-term growth. Read the report to learn about how family businesses are guiding the sustainability journey. Download the report
AWARD SPONSORSHIPS
We have had the pleasure to give out five best paper awards during the year:
SPGC Global Family Business Summit - paper titled "NAVIGATING FAMILY FIRM RESILIENCE AND INNOVATION TENSIONS IN TIMES OF CRISIS" by Vanessa Diaz-Moriana, Eric Clinton, Catherine Faherty, Colm O'Gorman.
FERC (Family Enterprise Research Conference) - paper titled, "How do nonfamily employees judge the legitimacy of family successors?"by Miriam Foerch.
EURAM (European Academy of Management) - paper titled "CEO Mentoring and Post-CEO Succession Performance in Family Firms" by Mario Amore, Domenico Cambrea, Fernando Munoz-Bullon, Fabio Quarato, & Maria Jose Sanchez- Bueno.
IRMBAM (International Research Meeting in Business & Management) - paper titled "The impact of the CEO’s entrepreneurial orientation on internationalization: the moderating role of the CEO’s legal literacy" by Maren Forier.
6th IFBRF (International Family Business Forum) - paper titled “Factors Affecting Family Business Sustainability: The Case of Egypt” by Ahmed Nawara.
OUR EVENTS
SPGC Global Family Business Summit 2023
We hosted the first "SPGC Global Family Business Summit" with our affiliate Cátedra de Empresa Familiar de la Universitat de València in Valencia, Spain from April 26-28th. The summit was a unique platform that brought together top leaders from business families with some of the most prominent family business researchers and advisers shaping the future of family businesses. The three days were a complete package of knowledge exchange, opportunities, networking, and fun! We had over 200 attendees and 100 academic paper submissions. Special thanks to Alejandro Escribá-Esteve and his remarkable team for making this event a great success! We would also like to thank all our sponsors and attendees who made this summit a massive success.
SPGC CONVERSATION SERIES
We held the first SPGC Conversation Series of the year in association with our affiliate Audencia, on April 05, 2023. Professors Natalia Vershinina, Vincent Lefebvre, Dimo Dimov, and Miruna Radu-Lefebvre discussed 'The Great Expectations: Growth and Family Business Succession".
The second conversation series was co-hosted with our affiliation SPJIMR (SP Jain Instiute of Management Research), India on October 11, 2023. Professors Alfredo De Massis, Harsh Mariwala, and Tulsi Jayakumar discussed 'Responsible Innovation Among Family Businesses'.
Stay tuned for the upcoming conversation series on Thursday, February 08, 2024 from 2:00 - 3:00 PM (Paris Time) where we will discuss ‘Internationalization of Family Firms’ with keynote speakers, Tanja Leppäahoand Sarah Jack, Andrea Calabrò, and Tulsi Jayakumar as moderator.
MEDIA COVERAGE
The Tharawat Magazine Article shares highlights from the SPGC and KPMG Private Enterprise Global family business report revealing the progress family businesses have made in advancing sustainability across generations.
Our Global Academic Director, Andrea Calabrò discusses the SPGC and KPMG Private Enterprise Global family business report about how family businesses are guiding the sustainability journey in the Campden Wealth article.
The Consultancy.uk article sheds light on the eight key points to guide family businesses on sustainable business practices from the SPGC and KPMG Private Enterprise Global family business report.
The CUHK Centre for Family Business released the whitepaper with UBS titled “Boundaryless Success: Careers within Asia’s next generation” speaks of the importance of embracing venturing to drive both career advancement and satisfaction. Steering away from the dilemma of "to join or not to join the family business", the whitepaper explores different distinctive paths rising generation can take - and how they can make a difference there. Also first of the kind is the analysis of family office career - early family venturers and career family officers.Download the White Paper.
Dublin City University (DCU)
DCU’s National Centre for Family Business (NCFB) marks a decade with the report '10 Years at the Forefront of Family Business Research in Ireland, 2013 - 2023'. Dr. Eric Clinton, NCFB Director, underscores the vital role of Irish family businesses in the economy. The report outlines NCFB's growth, emphasizing research, education, and engagement. The achievements of the past decade set the stage for a promising future. Read the report.
ESCP Business School
Chiara Succi at ESCP Business School, Turin hosted a dynamic networking event featuring special speakers Simone Marino, Head of Blue Factory Italy, and Prof. Andrea Calabrò from IPAG Business School. Discussions centered around next-gen succession, innovation in tradition, and internationalization & sustainability.
S.P Jain Institute of Management & Research (SPJIMR)
SPJIMR’s CFBE launches the Family Business & Entrepreneurship Research Presentation Series, inviting you to the next session with Dr. Josip Kotlar. A Full Professor at Politecnico di Milano, Dr. Kotlar will discuss "Bringing the family to the spotlight: An agenda for research on enterprising families and family offices." Register here!
Thomas Clauß (Witten/Herdecke University) along with his colleagues Drik Lüttgens (RWTH Aachen) and Marcel Hülsbeck (Hochschule München) is organizing a track on "Innovation Dilemmas for SMEs and Family Businesses: Navigating the New Platform Economy" at the upcoming R&D Management Conference in Stockholm from June 15-19, 2024. Submission information.
Interested in joining SPGC as an affiliate? Contact Arpita Vyas, Project Manager (arpita@thestepproject.org), and/or Andrea Calabro, Global Academic Director (a.calabro@ipag.fr).
