IMD Global Family Business Award
Distinguishing prestigious family businesses around the world since 1996, this annual award provides a unique opportunity to highlight the indispensable role family businesses play in the global economy and serves as a platform for family businesses to exchange best practices and analyze the economic backdrop.
The Award cannot exist without your active contribution to identifying exceptional companies worthy of recognition. Anyone can nominate a family business, and businesses can also nominate themselves. The call for nominations and self-nominations opens annually from February to March.
Celebrating excellence in family business
First awarded in 1996 to the Lego Group, many strong family businesses have followed suit. Will your family business be next?
Criteria & process
The award recognizes family businesses with excellence on the following dimensions: family, business, ownership, and society.
Eligibility criteria are:
- Multigenerational (of at least third generation)
- Large (with an annual turnover of at least USD 0.5 billion)
- International
In selecting the award winner, a panel of independent jury experts examines further aspects of the family business.
Careful consideration is given to the values of the people who run the business, including the way in which they unite their family and business interests and combine tradition and innovation while demonstrating a clear commitment to their communities.
Jury
The jury is composed of minimum six and maximum 10 members of globally leading family businesses, former award winners and senior expert academics within the field of family business.
Responsibility, authority and compensation
- Full confidentiality applies at all times for all Award activities and communications.
- Jury members receive an extensive report on finalists which they are asked to read to prepare for the annual jury meeting and anonymous online vote.
- There is no compensation for time or other expenses.
Get to know the voting members of the jury, displayed in alphabetical order
Discover our non-voting members, presented in alphabetical order
Award winners
Congratulations to José de Mello Group, winner of the 2024 IMD Global Family Business Award
The independent award jury of family business experts and previous award winners praised the Group for its resilient family, business, and ownership. Read more
With sincere thanks to our partners
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