Stewardship in family business refers to a leadership philosophy and practice where family members view their role as caretakers of the business.
Family businesses have long been the backbone of global economies, spanning multiple generations and industries.
Family firms account for a majority of global companies, they provide 70% of the global GDP and 60% of global employment.
Family firms account for 70% of the global GDP and 60% of global employment according to a recent study by INSEAD Business School.