What All Family Businesses Can Learn From the Merck Family

The German Merck family has succeeded where many business families have failed: keeping a group of 319 family members, including 204 family shareholders, unified, aligned and committed over the course of 350 years. Through 13 generations of family ownership, the family has learned what it takes to keep the business in the family for the long haul: effective business and family governance, strong family relationships and systematic ownership competence development.

What can others learn from the Merck family? This article by Tom A. Rüsen, Claudia Binz Astrachan and Frank Stangenberg-Haverkamp offers some key takeaways as well as questions that family business leaders can ask themselves.

Title and subtitles What All Family Businesses Can Learn From the Merck Family
Author Tom Rüsen, Claudia Binz-Astrachan, Frank Stangenberg-Haverkamp
Year 2022
Keywords Family Business
Type Practical Articles

Similar posts

What really matters to family entrepreneurs?


read more


Japansese Family Business / 日本の老舗ファミリービジネス 伝統志向のファミリー企業の成功要因 ー世代をつなぐ協力関係ー


read more


Understanding Family Businesses in Germany


read more


Four Things that the Best Family Business Boards Do Well


read more


open chat