The importance of family business longevity extends far beyond family owners. Accounting for 70 percent of global GDP and 60 percent of global employment, family firms are among the main drivers of growth and innovation in today’s economy.
Hans Wahl, Director of the INSEAD Social Entrepreneurship Initiative, comments on the concept of social business. He says that the bottom of the pyramid market is where the real dynamic growth is, but traditional companies don't know the market well enough to feel comfortable entering. He adds that smart companies are identifying this opportunity and striking partnerships with social enterprises.
Centres of Excellence
Le 15-18 avril 2018, le Centre Wendel pour l’Entreprise Familiale a inaugurer un cours dédié aux membres d’entreprises familiales. L’objectif de cette formation etait de mettre en exergue la singularité de ces entreprises aux enjeux pluriels.
The Social Entrepreneurship Initiative leverages expertise in management education and training to develop and deliver the world’s best executive training for social entrepreneurs. More fundamentally, the Initiative brings together faculty and academic expertise to bear upon the unique challenges faced by social entrepreneurs.