Preview Mode Links will not work in preview mode

“Frank conversations with Dubai's leaders”

 

Podcast host, Dr. Corrie Block, a leading GCC strategist, has casual fireside panel conversations with experts on driving innovation, leadership, culture within organizations and business strategy. Corrie's guests are top Entrepreneurs, CEOs and Board Members based in Dubai.

 

Business is Personal.

  1. All Episodes
  2. Ep06: Are family businesses prepared for disruption?

Ep06: Are family businesses prepared for disruption?

Jan 10, 2019

This was an “elephant in the room” conversation about issues facing family businesses in the UAE. Two things stood out from this discussion: 
 
First, legal ownership is not a leadership skill or a management qualification, so promoting people based on tenure and honour (blood relationship) is a dangerous game played with hundreds if not thousands of livelihoods at stake. 
 
Second, we are in a post-trader globalizing economy. Family businesses that don’t shift to a professional meritocracy and silo their innovation processes will likely lose their competitive advantages in the coming years, and their grandkids will lose their legacies.
 
Dr Corrie Block, a leading GCC business strategist and executive coach is joined by  Danish Farhan, Founder of Xische & Co., Gary Hales, Head of Equiom Fiduciary, Middle East, and Asin Nurani, Managing Partner of RTS Global Partners, to answer the question: Are family businesses prepared for disruption?