Family businesses were the particular beneficiaries of three decades of favorable global economics. Now operating a la familia should prompt soul-searching about how they manage their unique strengths.
It was, in many ways, the best of times.
For the past 30 years, the rise of new consumers around the world, declining input costs, and the expansion of global supply chains have lifted multinational corporations to their longest and most powerful run of profit growth in the postwar period.
