Family Business of the Year
Sponsored by Ugo Foods Ltd
This award is open to family-owned businesses where the family’s involvement has spanned at least two generations.
The judges will be looking for evidence that include the majority of the following:
1. Values and identity – how the family’s values have been integrated into the business. How the family has used its ‘family-ness’ as a competitive advantage.
2. Succession – how the family and the business successfully managed succession within the business and integration of the next generation.
3. Strategy – evidence of a vision of the future for the business and how the family will be involved. This may include a business plan.
4. Business Performance –controlled growth, sustainable and strong performance in the context of the market in which they operate.