On January 11 &12, 2018, HEC-Alumni organized two conferences with World-Renowned Certified Public Speaker Mr. Reg ATHWAL, discussing the theme: BUILDING A FAMILY LEGACY THAT LASTS GENERATIONS

Only 30% of all family-owned businesses survive into the second generation and only 12 % will be survive into the third generation. Surprisingly, only 3 % of all family businesses operate at the fourth generation and beyond.

Of the 70% of businesses that fail to transition successfully; 60% fail due to problems with communication and trust. 25% fail due to a lack of preparation from the next generation. 15% fail from all other issues (e.g. poor tax or financial planning, legal advice, etc.) Therefore, roughly 85 percent of business transitions fail due to a lack of communication, trust or next generation competency.

In Lebanon Family businesses play an Central role in job creation and economic development, contributing around 80% to our GDP.

The Schedule was as the following:

#1 Open to family business owners:

Thursday 11th January 2018 from 12.30pm till 2pm at the chamber of commerce of Beirut and Mount Lebanon followed by a lunch 

With the support and patronage of the CCIAB President Mr Mohamed Choucair Mohamed

#2 Open to MEREF CCI France-Liban, ESA, SGBL and HEC Alumni members :

Friday 12th of January 2018 from 8.30 to 10pm (Les Matins HEC – les Petits dejeuners du Management)

With the support and patronage of the ESA business school, MEREF, SGBL