STEP Project Global Consortium Reports
The Family Owned Business Institute (FOBI) is a member of the STEP Project Global Consortium for Family Enterprising, a global leading research network that conducts cutting-edge research about business families, through which successful best practices are uncovered, as well as the entrepreneurial challenges facing family business leaders.
SPGC Family Business Videos
KPMG Global Report 2025
KPMG Global Report 2024
KPMG Global Report 2023
KPMG Global Report 2022
SPGC and KPMG Private Enterprise Global Family Business Reports
2025
2024
2023
2022
Strategic growth through values and purpose.
Unlocking Legacy - The path to superior growth in family businesses
Balancing tradition and change for enduring success
A Road Well-Traveled: How family businesses are guiding the sustainability journey
The Regenerative Power of American Family Businesses
This year's report reflects the responses of 2,439 family business leaders from 70 countries and territories who reveal the secret to their staying power, how they stay a step ahead of their competition and how they continue to nurture and grow their businesses from decade to decade and from generation to generation.
2021
2019
Mastering a comeback: How family businesses are triumphing over COVID-19.
The impact of changing demographics on family business succession planning and governance.
Articles Series Reports
May 2021
January 2021
December 2020
November 2020
Empowering the future of family business: A four-part article series of research-based practical insights.
The enduring legacy of business families: Uniting business purpose and family values.
Creating Value Through Good Governance: How to balance what is right for the business and for the family
The three interdependent and overlapping spheres comprising family businesses' systems requires proper governance in order to achieve cohesiveness. Family governance is a dynamic practice that requires transparency, purpose, intent, and flexible mechanisms to reduce ambiguity and conflict (STEP and KPMG, 2020, pg. 3 and 9).
The Courage to Choose Wisely: Why the succession decision may be a defining moment in your family business
Choosing the proper successor will be family business leaders' most important legacy, and a moment of personal pride. The family business leaders in the study expressed the decision will be built upon an important historical foundation, deeply rooted family values, and a passion for what the business does, what it stands for, and the what impact it has on people and society (STEP and KPMG, 2020, p.18).
November 2020
The Power of Women in Family Business: A generational shift in purpose and influence
Womens' characteristics as nurturers and caregivers, combined with their unique and transformational leadership styles, judgement, and outlook are key factors in the success and perpetuity of family businesses. Their presence as holistic managers and leaders provides additional resources that family businesses can grow and capitalize on (STEP and KPMG, 2020, pg. 11).