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Iva Kleinova

New Research Reveals Factors That Give Family Businesses Competitive Advantage. New research by Coutts & Co , in conjunction with Rupert Merson from London Business School and INSEAD , reveals the specific assets of family businesses that give them a competitive advantage in the market place. The report: Family Businesses: Competitive Strengths and Qualities examines the strengths and qualities that characterise a family business, drawing upon the experiences and insights of over 300 of Britain’s most successful family businesses. The report was launched at a Forum for Family Business held at Coutts, which explored the challenges currently facing family firms. Grant Gordon, Director General at the Institute for Family Business spoke about the ingredients for successful stewardship in family businesses and how all companies should think like family businesses.

The top five strengths cited by family businesses are:

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