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Wendel International Centre for Family Enterprise


Wendel International Centre for Family Enterprise
Improving long-term performance and sustainability of family enterprises
Our Mission & Expertise
With more than 20 years of expertise in the unique dynamics of family enterprises, the Wendel International Centre for Family Enterprise (WICFE) is a leading international resource for family business. In 1997, the Wendel family founded the Large Family Firm Chair and INSEAD offered our first Family Business MBA elective. Since then we have been continuously generating research and sharing knowledge that benefits family businesses.
Research is at the base of all our centre activities. Generating knowledge about old and young, small and large family businesses from around the globe provides us with new content to share at our various events. Whether it is understanding the uniqueness of family firms, their impact on regional economies or how to solve the challenges of generational transition, our research is the key to remain a world-leading centre for family enterprises.
Our events and educational programmes benefit family firms around the globe. The INSEAD Wendel Centre for Family Enterprise has adopted a wider advocacy role by raising awareness and understanding of the importance of family enterprise as a business model: family firms represent the most prevalent type of companies worldwide. Family firms are capable of outperforming other firms and they are proven to be among the most successful in the long-term.
Our mission is to improve family firms' long-term performance through tailored programmes and activities. We hope you will take advantage of our resources and we look forward to welcoming you to INSEAD.
Sonia Tatar
Executive Director
INSEAD Wendel International Centre for Family Enterprise and
INSEAD Corporate Governance Centre
Our Centre is dedicated to support families in business, through research, education and acting as an international platform for knowledge exchange and networking. We want to help you fully comprehend issues particularly relevant to family businesses, so that the decisions you make lead to a balance between sustainable economic prosperity and healthy family relations.
We invite you to join us at one of the following occasions:
- The Family Enterprise Day: One-day theme-based open event with expert panels, presentations, class discussions and networking.
- Roundtables: Exclusive and private events that facilitate interactive dialogue on relevant topics in a highly confidential setting.
- Conferences: The Centre is involved in conferences, workshops or seminars with partner organisations.
- Education: Specific programmes tailored for members of family businesses
- Join our community: Receive our family business newsletter with an overview of our latest news, events, programmes and publications.
We are happy to meet family business members.
Follow us on LinkedIn and Twitter to exchange ideas and create synergies
As an alum, please consider joining the Family Enterprise @ INSEAD community. Some options are:
- Become an MBA family business mentor and share your experience while supporting young talents
- Become an Entrepreneur-in-Residence
- Join an event as a speaker
- Host an event...
Contact us for more information.
MBA Family Business elective
As part of your MBA at INSEAD, you can take the Family Businesses and Enterprises elective, which will give you insights and knowledge into understanding and addressing issues relevant to family in business, such as succession, leadership, ownership, governance and family relations.
This club is a community for sharing and exchange between INSEAD students interested in family business at get-togethers, movie nights, or discussion forums. Visits to family businesses are part of the club agenda.
The INSEAD MBA Family Business Club aims to create lasting relationships that foster learning, sharing, and cooperation among students from family business backgrounds both during and after their time at INSEAD.
Contact the club: Europe campus or Asia campus.
Family Business Next Generation Mentoring Sessions
The INSEAD Wendel International Centre for Family Enterprise has developed a unique offer for MBA students to help them discuss, reflect and throughout the INSEAD journey decide whether and how to be involved with the family business. A decision process that takes time and involves the family as well. Find out more >
- Family Enterprise Day: A one-day, theme-based open event with expert panels, presentations, class discussions and networking
- Join the conversation at one of our other events! Meet other researchers, students and people from the family business sector.
The Wendel International Centre for Family Enterprise aims to be an international platform for knowledge exchange.
Events
- Join the conversation at one of our other events! Meet other researchers, students and people from the family business sector.
- Family Enterprise Day: A one-day, theme-based open event with expert panels, presentations, class discussions and networking
- Create an event or join one of them as a speaker.
- Become an Entrepreneur-In-Residence, and support MBA students by sharing your experience and mentoring.
- Share your experience with MBA students through the MBA Family Business Club @ INSEAD, a vibrant community of Next Generation talents about to make their way in the family business world.
In the Spotlight
Family Enterprise Day
Regenerating Success, Transition and Longevity in Family Firms
4 Feb 2023, 9 am - 1:45 pm (SGT)
Asia Campus, Singapore
INSEAD Knowledge
A Career in the Family Business: Duty or Choice?
Morten Bennedsen , INSEAD; Claire Harbour , Capies Ltd; and Antoine Tirard , NexTalent Consulting | January 4, 2023
Would-be joiners of family businesses can have their cake and eat it – if they get the ingredients right.
Event
Panel Discussion at World Economic Forum SDG Tent, 24 May 2022
Featuring Andre Hoffmann (Roche), Professor Morten Bennedsen (INSEAD) and Suri P. Harford (UBS) hosted jointly with Hoffmann Global Institute for Business and Society.
INSEAD Knowledge
Preserving the Multiplicity of Voices in French Fine Wines
Antoine Duvauchelle, INSEAD | April 18, 2022
An INSEAD conference for family-owned French wine estates reveals important lessons for the continuity of excellence in other sectors.
INSEAD Knowledge
When Two Leaders Collide, the Result Can Be Less Fraud
Yidi Guo, Tsinghua University; Xiaowei Rose Luo, INSEAD; and Danyang Li, UC Berkeley | March 28, 2022
When the head of a family firm ranks lower in the family hierarchy than another leader at that firm, the misalignment can help prevent fraud in the emerging market context.
Family Enterprise Day - Recordings now available!
Charting Growth Strategies in Family Firms – Paradoxes and Pathways
Award
Congratulations to Prof. Morten Bennedsen who has been named in the Top Academics category of Family Capital Publishing's 2022 list of Top 100 influencers in the family enterprise sector.
Find out more >
INSEAD Knowledge
A Different Kind of Family Firm Hiding in Plain Sight
Morten Bennedsen, INSEAD Professor of Family Enterprise | November 29, 2021
Research shows that a family that previously owned a firm can continue to control it for generations. And it’s not only the brand names. There's a whole new class of firms, that we call dynastic-controlled firms, where control and succession are not based on ownership.
INSEAD Knowledge
Aligning Individual and Organisational Values
Maria Guadalupe, INSEAD Professor of Economics, Zoe Kinias, INSEAD Associate Professor of Organisational Behaviour, and Florian Schloderer, INSEAD Lecturer | October 26, 2021
As more companies place their own values front and centre, there is an opportunity for firms to attract candidates with “like-minded” individual values. If, however, corporate messaging and recruitment efforts aren’t aligned, the signalling of organisational values could backfire.
Family Enterprise Day - Recordings is available!
Next-Gen Here to Shape the Future of Family Businesses
INSEAD Knowledge
Professionalising the Family Firm
Rachael Noyes, INSEAD Knowledge Senior Editor | June 24, 2021
In the Press
Developing Second-Generation Family Business Leaders at INSEAD
Cecily Liu, MBA'J21, Clear Admit, UK, 24 May
From Family Business elective module to mentoring programme and events like Family Enterprise Day, Cecily Liu (MBA'J21) shares how she benefitted from in-depth discussions with like-minded second-generation family business leaders at INSEAD.
INSEAD Knowledge
Why Family CEOs Outperform Their Non-Family Predecessors
Morten Bennedsen, the André and Rosalie Hoffmann Chaired Professor of Family Enterprise at INSEAD | May 12, 2021
INSEAD Knowledge
When Nepotism Pads CEO Pay: Evidence From Indian Family Firms
Bala Vissa, INSEAD Professor of Entrepreneurship | April 20, 2021
INSEAD Directors Forum - Webinar & Digital Dialogue
"Towards a Hybrid Corporate Governance Paradigm"
26 April 2020, 9:00am CET, 3hrs (Recordings, slide decks and Q&A reports are available for access)
Visit the website >
Family Enterprise Day - Recording is available now!
Building Resilience in Family Enterprises: The Imperative to Refocus, Rejuvenate and Reinvent
18 Feb 2021, 9-11am (CET)
Visit the event webpage> Access recording >
New Report - Making External Executives Successful in Family Businesses
by INSEAD Wendel International Centre for Family Enterprise, PwC and AvS - International Trusted Advisors
Download full report > Access webinar recording >
INSEAD Knowledge
Covid-19 Furloughs Are Getting the Job Done
Morten Bennedsen, INSEAD Professor of Economics; Birthe Larsen, Associate Professor of Economics, Copenhagen Business School; Ian Schmutte, Associate Professor of Economics, Terry College of Business; and Daniela Scur, Assistant Professor of Strategy, SC Johnson College | July 10, 2020
[Past] Webinar and digital dialogue with Professor Christine Blondel, Dr. Rania Labaki and guest speaker Beatrice Rodenstock
[PAST] Webinar & Digital Dialogue with Andre Hoffman, Priscilla de Moustier, professors Morten Bennedsen and Jasjit Singh
New on campus
Introducing a unique offer for INSEAD MBAs: Family Business Next Generation Mentoring Sessions. Check dates available.
Q &A with Martin Roll Distinguished Fellow
Meet our team member Martin Roll, MBA 99D. Read our Q&A and also ask your own questions!
All in the press - Press review from the world
Get all INSEAD family business publications and quotes from all the web!
Decrypt INSEAD Family Business Knowledge
INSEAD Knowledge is the expert opinion and management insights portal of INSEAD. Knowledge showcases the latest business thinking and views from award-winning faculty and global contributors.
Family Enterprise Day
Regenerating Success, Transition and Longevity in Family Firms
4 Feb 2023, 9 am - 1:45 pm (SGT)
Asia Campus, Singapore
INSEAD Knowledge
A Career in the Family Business: Duty or Choice?
Morten Bennedsen , INSEAD; Claire Harbour , Capies Ltd; and Antoine Tirard , NexTalent Consulting | January 4, 2023
Would-be joiners of family businesses can have their cake and eat it – if they get the ingredients right.
Event
Panel Discussion at World Economic Forum SDG Tent, 24 May 2022
Featuring Andre Hoffmann (Roche), Professor Morten Bennedsen (INSEAD) and Suri P. Harford (UBS) hosted jointly with Hoffmann Global Institute for Business and Society.
INSEAD Knowledge
Preserving the Multiplicity of Voices in French Fine Wines
Antoine Duvauchelle, INSEAD | April 18, 2022
An INSEAD conference for family-owned French wine estates reveals important lessons for the continuity of excellence in other sectors.
INSEAD Knowledge
When Two Leaders Collide, the Result Can Be Less Fraud
Yidi Guo, Tsinghua University; Xiaowei Rose Luo, INSEAD; and Danyang Li, UC Berkeley | March 28, 2022
When the head of a family firm ranks lower in the family hierarchy than another leader at that firm, the misalignment can help prevent fraud in the emerging market context.
Family Enterprise Day - Recordings now available!
Charting Growth Strategies in Family Firms – Paradoxes and Pathways
Award
Congratulations to Prof. Morten Bennedsen who has been named in the Top Academics category of Family Capital Publishing's 2022 list of Top 100 influencers in the family enterprise sector.
Find out more >
INSEAD Knowledge
A Different Kind of Family Firm Hiding in Plain Sight
Morten Bennedsen, INSEAD Professor of Family Enterprise | November 29, 2021
Research shows that a family that previously owned a firm can continue to control it for generations. And it’s not only the brand names. There's a whole new class of firms, that we call dynastic-controlled firms, where control and succession are not based on ownership.
INSEAD Knowledge
Aligning Individual and Organisational Values
Maria Guadalupe, INSEAD Professor of Economics, Zoe Kinias, INSEAD Associate Professor of Organisational Behaviour, and Florian Schloderer, INSEAD Lecturer | October 26, 2021
As more companies place their own values front and centre, there is an opportunity for firms to attract candidates with “like-minded” individual values. If, however, corporate messaging and recruitment efforts aren’t aligned, the signalling of organisational values could backfire.
Family Enterprise Day - Recordings is available!
Next-Gen Here to Shape the Future of Family Businesses
INSEAD Knowledge
Professionalising the Family Firm
Rachael Noyes, INSEAD Knowledge Senior Editor | June 24, 2021
In the Press
Developing Second-Generation Family Business Leaders at INSEAD
Cecily Liu, MBA'J21, Clear Admit, UK, 24 May
From Family Business elective module to mentoring programme and events like Family Enterprise Day, Cecily Liu (MBA'J21) shares how she benefitted from in-depth discussions with like-minded second-generation family business leaders at INSEAD.
INSEAD Knowledge
Why Family CEOs Outperform Their Non-Family Predecessors
Morten Bennedsen, the André and Rosalie Hoffmann Chaired Professor of Family Enterprise at INSEAD | May 12, 2021
INSEAD Knowledge
When Nepotism Pads CEO Pay: Evidence From Indian Family Firms
Bala Vissa, INSEAD Professor of Entrepreneurship | April 20, 2021
INSEAD Directors Forum - Webinar & Digital Dialogue
"Towards a Hybrid Corporate Governance Paradigm"
26 April 2020, 9:00am CET, 3hrs (Recordings, slide decks and Q&A reports are available for access)
Visit the website >
Family Enterprise Day - Recording is available now!
Building Resilience in Family Enterprises: The Imperative to Refocus, Rejuvenate and Reinvent
18 Feb 2021, 9-11am (CET)
Visit the event webpage> Access recording >
New Report - Making External Executives Successful in Family Businesses
by INSEAD Wendel International Centre for Family Enterprise, PwC and AvS - International Trusted Advisors
Download full report > Access webinar recording >
INSEAD Knowledge
Covid-19 Furloughs Are Getting the Job Done
Morten Bennedsen, INSEAD Professor of Economics; Birthe Larsen, Associate Professor of Economics, Copenhagen Business School; Ian Schmutte, Associate Professor of Economics, Terry College of Business; and Daniela Scur, Assistant Professor of Strategy, SC Johnson College | July 10, 2020
[Past] Webinar and digital dialogue with Professor Christine Blondel, Dr. Rania Labaki and guest speaker Beatrice Rodenstock
[PAST] Webinar & Digital Dialogue with Andre Hoffman, Priscilla de Moustier, professors Morten Bennedsen and Jasjit Singh
New on campus
Introducing a unique offer for INSEAD MBAs: Family Business Next Generation Mentoring Sessions. Check dates available.
Q &A with Martin Roll Distinguished Fellow
Meet our team member Martin Roll, MBA 99D. Read our Q&A and also ask your own questions!
All in the press - Press review from the world
Get all INSEAD family business publications and quotes from all the web!
Decrypt INSEAD Family Business Knowledge
INSEAD Knowledge is the expert opinion and management insights portal of INSEAD. Knowledge showcases the latest business thinking and views from award-winning faculty and global contributors.
Programmes
Executive Education Programmes
Our teaching is based on global research and case stories about real businesses.
The international nature of INSEAD creates a unique environment, allowing a rich source of teaching material and a wide sharing of experiences.
Personal discovery, application and attention to individual participation are encouraged in the curriculum, making the courses closer to participants' preoccupations.
In addition to our excellent academic education, we guide our students continuously along the learning process. As they apply new strategies, we facilitate sharing experiences and feedback from experts, advisors and peers.
MBA Elective
As part of your MBA, you can choose one of our Family and Privately Owned Businesses elective, which enables you to understand and address issues unique to families in business, such as ownership, succession, and family relations.
Based on real cases, there is a strong focus on experiential learning. Personal discovery, application and attention to individual participation are encouraged.
PhD Programme
We offer a specialisation in the field of Family Business to our PhD candidates at INSEAD.
Company Specific Programmes / Tailor-made Programmes
At INSEAD, our specialist family business faculty have extensive experience creating tailor-made programmes for family businesses.
For family firms, these programmes offer a confidential environment and an opportunity to cater to specific needs.
For other businesses working with family firms, programmes can be designed to offer a better understanding of the challenges and unique dynamics of family-owned businesses, and better ways to work with them.
Research & Publications
Research is at the base of all our centre activities. Generating knowledge about old and young, small and large family businesses from around the globe provides us with new content to share at our various events. Whether it is understanding the uniqueness of family firms, their impact on regional economies or how to solve the challenges of generational transition, our research is the key to remain a world-leading centre for family enterprises.
Read the latest INSEAD family business research
Insights on Family Businesses
Video Interview with Andreas Jacobs on the journey to becoming an impactful family business
As part of our latest joint study with UBS and Hoffmann Institute for Business and Society, UBS interviewed Andreas to uncover the stories behind the journey of family business leaving legacy of postive impact.
"Stories of Change" The journey towards achieving positive impact
Read "Good for Bussiness, Business for Good" Compass Study based on latest joint study with UBS and Hoffmann Institute for Business and Society.
New Ideas in Family Firms Virtual Conference 2022
Read the summary of the New Ideas in Family Firms Conference held virtually on 13 May, 2022 in collaboration with Columbia Business School’s Global Family Enterprise Program brought together the world’s leading academic researchers and advising practitioners to discuss and exchange on the latest trends and emerging topics in the family enterprise space.
Case Study of the Wendel family: A long view of sustainability in business decisions
Read interviews with Priscilla de Moustier, Wendel-Participations, Christine Anglade Pirzadeh, Wendel Group, and INSEAD Professor Morten Bennedsen.
Interview with Dr. Andreas Jacobs
By Ron Soonieus, founder of Camunico, Senior Advisor at the Boston Consulting Group and an Executive-in-Residence with INSEAD
". By putting items such as ESG on top of your agenda you are telling everyone within the organisation that this is the top priority and that you take the time to discuss them as a board, ...” Read
Are Emotions Welcome at the Core of Family Offices?
By Julien Lescs, Co-Founder of Kanope Impact
"In the future, the family office must be able to understand how global challenges affect the emotional dynamics within families…” Read
Taking over a Family Business in a Crisis
By Caroline Hoellein INSEAD MBA‘08
“…embrace the leadership role from day one. Make sure you are visible as a leader and build up a clear profile that will set…” Read
Next Gens: Leading and learning
By Caroline Mathieu, Déléguée Générale, Family Business Network France
"Next gens can get involved in philanthropic projects in the belief that family business is a force for good." Read
Starting a family business from scratch
By Bruno Bouygues, INSEAD MBA02', CEO, GYS
"The important question for GYS is how to continue its growth rate and at the same speed, while maintaining family values, company..." Read
Video Interview with Andreas Jacobs on the journey to becoming an impactful family business
As part of our latest joint study with UBS and Hoffmann Institute for Business and Society, UBS interviewed Andreas to uncover the stories behind the journey of family business leaving legacy of postive impact.
"Stories of Change" The journey towards achieving positive impact
Read "Good for Bussiness, Business for Good" Compass Study based on latest joint study with UBS and Hoffmann Institute for Business and Society.
New Ideas in Family Firms Virtual Conference 2022
Read the summary of the New Ideas in Family Firms Conference held virtually on 13 May, 2022 in collaboration with Columbia Business School’s Global Family Enterprise Program brought together the world’s leading academic researchers and advising practitioners to discuss and exchange on the latest trends and emerging topics in the family enterprise space.
Case Study of the Wendel family: A long view of sustainability in business decisions
Read interviews with Priscilla de Moustier, Wendel-Participations, Christine Anglade Pirzadeh, Wendel Group, and INSEAD Professor Morten Bennedsen.
Interview with Dr. Andreas Jacobs
By Ron Soonieus, founder of Camunico, Senior Advisor at the Boston Consulting Group and an Executive-in-Residence with INSEAD
". By putting items such as ESG on top of your agenda you are telling everyone within the organisation that this is the top priority and that you take the time to discuss them as a board, ...” Read
Are Emotions Welcome at the Core of Family Offices?
By Julien Lescs, Co-Founder of Kanope Impact
"In the future, the family office must be able to understand how global challenges affect the emotional dynamics within families…” Read
Taking over a Family Business in a Crisis
By Caroline Hoellein INSEAD MBA‘08
“…embrace the leadership role from day one. Make sure you are visible as a leader and build up a clear profile that will set…” Read
Next Gens: Leading and learning
By Caroline Mathieu, Déléguée Générale, Family Business Network France
"Next gens can get involved in philanthropic projects in the belief that family business is a force for good." Read
Starting a family business from scratch
By Bruno Bouygues, INSEAD MBA02', CEO, GYS
"The important question for GYS is how to continue its growth rate and at the same speed, while maintaining family values, company..." Read
Events
"Our global networking platform brings together family business members and researchers interested in learning from one another. We organise a variety of interesting and enjoyable events and invite you to become part of the vibrant INSEAD family business community."
MBA Family Business Club
The MBA Family Business Club at INSEAD has been created to foster a community of students interested in Family Business. This includes students who have worked in family business or are interested to have their own family business or work with family business.
The central idea is that the family business is often a unique organization that comes with its own benefits and challenges. One has to understand, appreciate and work hard to maintain the legacy of family businesses.
Who we are
Core Team

Martin Roll
Wendel International Centre for Family Enterprise’s Distinguished Fellow and INSEAD Centre for Entrepreneurship’s (ICE) Entrepreneur in Residence
Contributing Faculty

Randel Carlock
Emeritus Senior Affiliate Professor of Entrepreneurship and Family Enterprise
The Berghmans Lhoist Chaired Professor of Entrepreneurial Leadership, Emeritus

Massimo Massa
Professor of Finance
The Rothschild Chaired Professor of Banking
Co-Director of the Hoffmann Research Fund

Ludo Van Der Heyden
Emeritus Professor of Technology and Operations Management; The INSEAD Chaired Professor of Corporate Governance

Claudia Zeisberger
Senior Affiliate Professor of Entrepreneurship and Family Enterprise
Academic Director, Global Private Equity Initiative
Visiting Research Affiliate & Executive in Residence

Jiawei (Kevin) Ye
Lead, Direct Funding and Philanthropic Organizations, World Economic Forum
Senior Research Fellow, Global Family Business Research Center, Tsinghua University National Institute of Financial Research, Visiting Senior Researcher (PhD/Master) at INSEAD Wendel International Centre for Family Enterprise

Marta Widz
Director, Family Office Research, Wealth Management Institute (WMI)
Executive in Residence, INSEAD Wendel International Centre for Family Enterprise

Family Business Resources