
Professor Emeritus of Finance (Practice) Annie Koh highlighted key factors for sustainable family enterprises and emphasised empowering the "rising generation" by understanding their passions and involving them meaningfully in leadership roles. She shared three case studeis where the successors helped their companies innovate and expand internationally. Prof Koh also identified the "4C' formula for success - Clarity n strategy, Conciseness in innovation, Care for culture and commitment, and Confidence in governance and finance - as essential for family businesses to thrive sustainably.