![Evolving in Changing Times Evolving in Changing Times](https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/blta4de66cf018a4595/673382827ae8b82ef7c0a904/brown-promo.jpg?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
Family enterprises have long been considered a foundation of the American economy. Many of the most notable family names in our history are connected to long-term family businesses and philanthropies (for example, Ford, DuPont, Rockefeller, Forbes and Johnson). And, the more recent entrepreneurial efforts of Steve Jobs, Bill Gates and Warren Buffett have led to growing wealth for those founders and their families, as well as for those who’ve invested in or worked with them.
But, the world isn’t the same as when these historical families grew their businesses into enterprises. The same characteristics that positively defined family enterprise are being challenged. To deal with the rapid changes in the global economy and information flow,...
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