Family businesses go beyond numbers. Most act according to family values and ethical principles, embrace responsible capitalism and positively impact their local communities. This means they are generally better positioned for long-term success when compared to non-family-owned enterprises.

But recent challenges, such as the pandemic, and high inflation are leading family businesses to reconsider priorities and the future. Should we expect to see an acceleration of the transition from NowGen to NextGen?

To answer this question, we invite Neil Davy and Fiona Graham of the Institute for Family Business. They also share current trends regarding family business succession, what NowGen can do to align its interests with those of the Next Gen, and what changes NextGen will bring to the family business and the UK business community.