What makes a business an enterprise? The name itself suggests something bigger, something vast and far-reaching. However, enterprises come in many sizes, but what they have in common, large and small, is dispersion. The business may have multiple locations, levels, departments, divisions, and subdivisions that must work together to achieve the company’s goals. Continue reading
The pyramid you are referring to is the Great Pyramid of Giza, which is the largest of the three pyramids in the Giza Necropolis in Egypt. It is also the oldest of the Seven Wonders of the Ancient World. The Great Pyramid was built for the Fourth Dynasty pharaoh Khufu over a period of 20 years, and it originally stood at 146.5 meters (481 feet) tall. However, over the centuries, the pyramid has lost some of its height due to erosion and the removal of its outer casing stones. Today, the Great Pyramid stands at 137 meters (449.5 feet) tall. Continue reading
Successful family businesses have common characteristics that drive their performance and continuity from one generation to the next, finds a new global report by KPMG Enterprise and the STEP Project Global Consortium. According to the report, three key characteristics help to sustain their success: a strong entrepreneurial orientation across the generations; family connection and attachment to the business; and ambitious next-generation leadership. Continue reading