The mother of all family business wisdom

Statistics show only 10 per cent of family businesses are owned by women. But senior females play an an integral role in family matters - and a new study shows they may want very different things.

While only 10 per cent of family businesses are owned by women, it is the matriarch, the spouse of the boss, who is often the link between the generations, nurturing the different parties like the husbands, children, grandchildren and in some cases elderly parents. She'll often play the role of confidante, diplomat and interpreter, healing family rifts. She, more than anyone else, knows the company’s history and the family dynamics, traditions and values.

But matriarchs are not only the glue that holds everything together. According to a new Pitcher Partners and Swinburne University study, they now play a significant role in succession planning.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles