Earlier this year I was invited by the National Bank of Canada to be a part of a team interviewing senior women leaders in some of Canada’s top family-owned firms. We travelled to Vancouver, Calgary, and Toronto for interviews, and also met with women in Montreal. Three elements that contribute to the success of family businesses struck me based on these interviews and other interviews of family members which I have conducted as part of McGill University’s CEO Insights MBA class.
The work our team undertook went toward the Fall 2020 edition of the National Bank’s Family Advantage report. This report aims to elucidate the inherent advantages of family-owned companies through an analysis of 38 Canadian corporations under family