Daily Cuts - Readying our next-gen business leaders for the future

Family-owned firms comprise 80 percent of Asia-Pacific businesses and play a significant role in the region’s economies. But they have fallen behind when preparing their succession. Singapore Today's Lance Alexander and Hui Wong speak with Dr Matthew Allen, John L. Ward Clinical Professor of Family Enterprises and Executive Director of the Ward Center for Family Enterprises, and Francesca Cornelli, Dean, Northwestern University’s Kellogg School of Management. We get details on how to best equip young business leaders with the know-how to ensure their family businesses continue enjoying success.