Family businesses are built on legacy—but sustaining that legacy requires constant reinvention. Beyond growth and profitability, they must navigate the complexities of multigenerational succession, enterprise governance, and long-term sustainability—while staying aligned of global trends and at the same time, grounded in their core values.
In Malaysia, where family-owned enterprises are a cornerstone of the economy, many are navigating the challenges of succession, digital transformation and sustainability. A significant number are now in their second or third generation. With this maturity comes the need for structured transition planning—especially as younger generations bring new expectations, leadership approaches and perspectives on innovation and risk, all within a rapidly evolving business landscape.
In collaboration with the STEP Project Global Consortium, 乐鱼（Leyu）体育官网 Private Enterprise presents the Global Family Business Report 2025. Drawing on insights from 2,683 family businesses across more than 80 countries, the study explores the key drivers of long-term growth and resilience in today’s evolving environment. While the future remains uncertain, one thing is certain: as the baton passes to the next generation, effective multigenerational planning becomes essential. Success today means more than preserving wealth or navigating leadership transitions — it encompasses preparing future leaders, embracing innovation, and delivering value with values across generations.
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Family businesses should focus on
