JavaScript is required but was found inactive or not supported.
Award
IMD-Lombard Odier Global Family Business Award
Since 1996, the IMD-Lombard Odier Global Family Business Award has distinguished prestigious family businesses around the world from a variety of sectors on an annual basis. Established by IMD, one of the world's leading business schools, and Lombard Odier & Cie, one of the main private banking firms in Europe, the award provides a unique opportunity to promote the indispensable role family businesses play in the global economy. The award, which is regarded by many as the most prestigious distinction for successful family businesses, also serves as a platform for family businesses to exchange best practices and analyze the economic backdrop.
CRITERIA
In selecting the award winner, a panel of independent jury experts examines different aspects of the family business. Careful consideration is given to the personalities and values of the people who run the business, the way in which they unite their family and business interests and combine tradition and innovation while demonstrating a clear commitment to their local communities. The Award is based on excellence in the following areas:
Family Values
- Adherence to shared vision across generations
- Active collaboration across generations
- Faithfulness to values and the transfer of heritage
- Reinforcement of core family and business values
- Loyalty to employees, shareholders, clients, suppliers, and the community
- Company family-owned for at least three generations.
Business values
- Excellence in performance standards
- Dominance of family values
- Growing and profitable company
- International presence
- Personal, hands-on involvement of several members of the family
- Minimum annual revenues of USD 500M
Succession
- Excellence in governance - selection, development, independence, consolidation of family relations
- Expertise passed on within the family
- Ability to adapt over time and through the generations
- Preparation, engagement, education of next generation
Past Award Recipients
Past award recipients have been selected for their outstanding success. They provide inspiration to their peers through their exemplary governance, the involvement of several generations and a clear, long-term social commitment.
•2011 The Firmenich Group, Switzerland
•2010 The Odebrecht Organization, Brazil
•2009 The Merck Group, Germany
•2008 Roca Corporacion Empresarial, Spain
•2007 Yazaki Corporation, Japan
•2006 The Lopez Group Foundation, Philippines
•2006 The Ivey Foundation, Canada
•2006 The Fundacio Lluis Carulla, Brazil
•2005 The Votorantim Group, Brazil
•2004 The Barilla Group, Italy
•2003 The Bonnier Group, Sweden
•2002 The S.C. Johnson Family Enterprises, USA
•2001 The Murugappa Group, India
•2000 The Zegna Group, Italy
•1999 The Henkel Group, Germany
•1998 Corporacion Puig, Spain
•1997 Hermes SA, France
•1996 The Lego Group, Denmark
Please also visit the official Award homepage: www.fbaward.com
Related content:
Official Award homepage
The Trophy - crafted by Chopard
2011 The Firmenich Group, Switzerland
2010 The Odebrecht Organization, Brazil
2009 The Merck Group, Germany
2008 Roca Corporacion Empresarial, Spain
2007 Yazaki Corporation, Japan
"2006 Families in Philanthropy" The Ivey Foundation, Canada
"2006 Families in Philanthropy" The Fundacio Lluis Carulla, Spain
"2006 Families in Philanthropy" Lopez Group Foundation, Philippines
2005 The Votorantim Group, Brazil
2004 The Barilla Group, Italy
2003 The Bonnier Group, Sweden
2002 The S.C. Johnson Family Enterprises, USA
2001 The Murugappa Group, India
2000 The Zegna Group, Italy
1999 The Henkel Group, Germany
1998 Corporacion Puig, Spain
1997 Hermes SA, France
1996 The Lego Group, Denmark
