None
EN
Passing on values comes into focus as Asean’s family businesses hand over the reins
['Lionel Lim']
The Business Times
For many such businesses, ensuring a successful transition from one generation to the next is part of their business continuity plan.
“There is not enough preparation that you can get as a next-gen when you enter into a family business,” said Cynthia Handriani Wijaya, chief corporate officer at the Indonesia-based Daya Selaras Group.
“At the end of the day, it falls back to the values, and it’s really the values that are your guiding compass.”
Wijaya was speaking at a panel on generational transition for family businesses on Thursday (Jul 30) at the Singapore Business Federation’s (SBF) ASEANext Forum, which was held at Resorts World Sentosa.
Eu Yan Sang’s non-executive chairman Richard Eu delivers the keynote at the SBF Asean Conference.