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.
Academic Director of the INSEAD Wendel International Centre for Family Enterprise, The André and Rosalie Hoffmann Chaired Professor of Family Enterprise
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.
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 and Privately Owned Businesses 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.
The Wendel International Centre for Family Enterprise aims to be an international platform for knowledge exchange.
- 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
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.
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.
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.
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 >
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.
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.
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 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 >
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
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.
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.
Insights on Family Businesses
"Stories of Change" The journey towards achieving positive impact
Read position paper based on latest joint study with UBS and Hoffmann Institute for Business and Society, discover the journeys of leading family enterprises, challenges they faced and how they are progressing towards "doing good for business" and "business for good".
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
"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.