Post by Good to Great Podcast

Fit for the Grandchildren: How the World's Smartest Family Businesses Reinvent Themselves and Win Across Generations Most companies are built to win this quarter. The best family businesses are built to win in fifty years. That's their greatest advantage, and their biggest risk. There's a reason nearly every culture has its own version of the same saying: shirtsleeves to shirtsleeves in three generations. The first builds it, the second grows it, the third loses it. So what does the rare family that beats the curse actually do differently? In the new episode of the Good to Great Podcast, hosts Masrur Rahman and Jeremy Simonetto sat down with two people who see this game from opposite ends of the table. One has stood inside the fire. The other has spent a career drawing the map. THE OPERATOR George Hartel, Chief Commercial and Development Officer of GQ Apparel (Thailand). The outsider who walked into a 60-year-old family institution with almost zero e-commerce and helped make it the number one menswear brand on Shopee and Lazada. One hero product: 50 million views, 200,000 shirts sold in 60 days. THE SCHOLAR Professor Thomas Clauß, Vice Dean for Research of the Faculty of Management Economics & Society at Universität Witten/Herdecke, WIFU-Foundation Chair for Corporate Entrepreneurship & Digitalization in Family Business, member of the board of directors STEP Project Global Consortium (SPGC) and a leading authority on digital transformation in family enterprise. The man who turned one German word, enkelfähig ("fit for the grandchildren"), into a framework for building companies that outlast their founders. ▪️Tune in to hear about: - Why family firms can be the fastest movers in a market, not the slowest - The "two permissions" every outside leader needs before they can change a thing - How one bounded-trust decision unlocked GQ's entire transformation - Why "you can do anything, as long as I sign off" is the model that kills succession - The ability vs willingness paradox, and the single lever that flips it - Why psychological safety is the real engine of reinvention - The blueprint the winners follow, and the three traps that sink the rest - What it truly means to build a business that's "fit for the grandchildren" 🔴Listen to the full episode: https://lnkd.in/ezKA7rYG ⚫️Go deeper with the article: https://lnkd.in/espthuCz If you lead a family business, work inside one, or plan to inherit one, save this one. And which side of the table are you on, the fire or the map? #FamilyBusiness #Leadership #DigitalTransformation #Entrepreneurship #Succession #NextGen #GoodToGreatPodcast