How GCC Family Businesses Can Prepare For Growth After The Pandemic – Entrepreneur

How GCC Family Businesses Can Prepare For Growth After The Pandemic – Entrepreneur

Beyond the crisis response, family businesses must adapt themselves to a changed postcrisis landscape.. Most family businesses have taken sound measures for the immediate crisis.. The traditional risk management focus on sectors and geographies is failing to shield portfolios adequately.. Moving forward, family businesses need to take a more encompassing view of risk when constructing and managing their portfolios .. Family businesses need to improve portfolio liquidity and geographical diversification.. Family businesses, particularly those in retail or financial services, will need to adapt their operating companies' business models to the new "stay-at-home" economy.. Governments will need family businesses to fuel the economic engine more than ever.. Entrepreneur members get access to exclusive offers, events and more..