resilience starts with information
7 traits key to the resilience of family businesses: Stewardship Asia Centre
SEVEN distinct leadership and organisational traits are key to the resilience of family businesses, according to a study by the Stewardship Asia Centre (SAC) on Tuesday.
The findings from SAC’s study of 200 successful and enduring family businesses from across Asia-Pacific found that these traits were helpful in overcoming the challenges in geopolitics, government regulations and disruptive technologies present today.
The first of these traits is the importance of having a clear corporate purpose. Other organisational priorities such as having a long-term vision, maintaining trustworthiness and the ability to be adaptable in the ever-changing economy were also found to be imperative.
Having a socially orientated outlook was also key for these business owners, with community awareness being a personal priority among those surveyed. The importance of social responsibility and care for employees were key traits too…
Big Data Suggests Big Potential for Urban Farming
Gotham Greens’ boxed lettuces have been popping up on the shelves of high-end grocers in New York and the Upper Midwest since 2009, and with names like “Windy City Crunch,” “Queens Crisp,” and “Blooming Brooklyn Iceberg,” it’s clear the company is selling a story as much as it is selling salad.
Grown in hydroponic greenhouses on the rooftops of buildings in New York and Chicago, the greens are shipped to nearby stores and restaurants within hours of being harvested. That means a fresher product, less spoilage, and lower transportation emissions than a similar rural operation might have—plus, for the customer, the warm feeling of participating in a local food web.
“As a company, we want to connect urban residents to their food, with produce grown a few short miles from where you…