“A sparring partner trains someone—and doesn't knock them out.”
Family-owned businesses are the backbone of Germany’s small and medium-sized enterprises, and many of them now have a professional advisory board—serving as a sounding board for management and as a link between managers and shareholders. However, the upheaval in many industrial sectors, the disruption caused by AI, and the fairly similar backgrounds of many advisory board members are calling previous models of success into question.
In this podcast, we discuss what ideal advisory boards for family-owned businesses look like today—in times of major change.
*Video only in German
