Asian Family Enterprise Excellence Conference 2021: Shaping Family Business Across Asia

July 20, 2021

News

Asian Family Enterprise Excellence Conference 2021:
Shaping Family Business Across Asia

Asian Family Enterprise Excellence Conference or AFEEC 2021

After months of preparation, the 1st Asian Family Enterprise Excellence Conference or AFEEC has finally reached its successful close.

Gathering some 45 powerful and influential speakers from different continents of the world to discuss vital issues that affect families in business in Asia. Topics covered ranged from personal experiences of family business leaders, their transitions and transformations that have resulted in far reaching and bolder strategies for the future. Pandemic challenges were also discussed, in terms of health response and impact, from slowdown to survival and sustainability. Technological disruptions and the impact of the 4th Industrial Revolution (4IR) were discussed by top experts in the field. Investing for social impact and community resilience was also a major part of the discussions.

All in all, the event brought together the world’s top experts with a little less than 800 participants in a Conference delivered via streaming.

health response and impact, from slowdown to survival and sustainability. Technological disruptions and the impact of the 4th Industrial Revolution (4IR)

Topics covered the following:

Resilience in the New Economy

Stories of Resilience

Stories of Resilience: Family Business Leadership in the Crisis

Stories of Resilience: Crisis Proofing Your Legacy

Family Business Roots & the Journey to Pursuing Creative Passions

Investing for Impact for Family Businesses

Building Your Legacy

Trust to Impact: 10th Global Family Business Survey

Pivoting the Family Business

Successful Family Business Transition

From Families in Business to Families of Wealth

The Family Business Success Story Behind Asia CEO Awards

Emotional Leadership in a Long-lived Family Firm

Scientific Breakthroughs in COVID-19 Response

The Impact of Community Involvement in a Sustainable Family Firm

Tapping the Wisdom of 100-Yr Global Family Enterprises

Case of a Transgenerational Entrepreneurship in the Cousin Consortium

A Case of an Asian Family Office

The Value of Family Meeting in times of Pandemic

Technological Disruptors to Asian Family Businesses

Professionalizing the Family Business

Keys to Lasting Family Business Success: A Case of Japanese Long-lived Family Firm

Global Family Business Report on How Family Businesses are Triumphing Over Covid - 19

AFEEC Beginnings

The AFEEC used to be known as the Family Enterprise Excellence Conference (FEEC) held biennially in Cebu, Philippines bringing together top family firm advisors and families in business to share and engage as to how families can be better at handling family dynamics, ownership structures and business frameworks. Premier Family Business Consulting, Inc. a brainchild of Jonathan Ramos convened in 2011, the First Family Inheritance Conference, which ultimately evolved into a much larger and bigger conference that would be known as FEEC. Mr. Ramos’ vision was to be advocate for unity among members of families in business. The idea at the time was quite novel, but somehow, many believed that it was what was needed at that time, now several conferences later, the pandemic came.

Transforming for the New World

With the crisis came the difficulty of conducting face-to-face conferences. Consulting became difficult and challenging initially. But somehow the family business owners saw that face-to-face was not the way to go and did their best to transform to do digital. In a few months, Premier itself began its digital transformation learning and birthing new ways of doing things and embracing new paradigms. After a few short months and the need to have faster learning curves, Premier transformed to having digital consulting services. With the appropriate investments in equipment and training, the company emerged victorious over the challenges. The company realized that with the burgeoning of the new normal, boundaries were no longer there. Hence, more and more families in business came to embrace consulting via Zoom or other means.

Sustainability and Resilience

In 2020, the plans to have the AFEEC done came to fruition. With the difficulties of having a physical event, the Premier Team began exploring platforms to seamlessly deliver such a conference to a much larger audience. The search for technology providers was set into motion, reaching out to as far as North America to event management platforms. Finally, it was decided to acquire a US-based firm Cvent to deliver the conference attendee and speaker hub. The theme “Sustainability and Resilience in Braving the New World”, came naturally as the pandemic hit the entire world’s economy. Moving forward, the Premier Team assembled key experts, family business leaders and family firm advisors in its roster for the AFEEC. With the theme focused on sustainability and resilience, the AFEEC served as a venue to draw out plans for the new normal.

Large Asian and Global Footprint

True enough, the vision of AFEEC to extend to larger network of families became reality with the support of Family Business Network Asia (FBNA) and various country partners who mobilized participants for the advocacy of uniting families in coming up with their own strategies to manage family, ownership and business in the pandemic context. Among those who attended the are those coming from: the Philippines, Indonesia, Singapore, Hong Kong, Malaysia, China, the US, Spain, Thailand, Yemen, Poland, Belgium, Slovakia, the UK, Algeria, Andorra, Argentina, Australia, the Czech Republic, Mexico, Nigeria, Panama and Peru. For the first time, the AFEEC was able to gather these broad audience of families in business, making the AFEEC truly a successful event.

Looking to the Future

With the success of the AFEEC 2021, its convenor, Premier Family Business Consulting looks forward to AFEEC 2023, which promises to be a truly global event and advocacy for families in business moving forward a transforming and challenging world.

Premier