HK, China family businesses less skilled than other markets in dealing with pandemic: KPMG survey

18 May 2021 | 3 minutes read

Family-owned businesses in Hong Kong and mainland China are predominantly managed by first-generation founders, restricted by a smaller pool of family talent and weaker than businesses in other markets in terms of management skills when handling the pandemic. To grow a more agile and resilient workforce and embrace change, such businesses may need to increase transparency and next-generation involvement, according…

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