Edward Gutsche, a member of the Gutsche family, shared his experience at the KPMG Family Conference. He explains how his family business started small, bottling Coca-Cola in South Africa, and grew into Africa's largest bottler, along with other ventures in dairy and international markets.
Over the years, family dynamics have changed, especially after his grandfather passed away. To keep the business successful and avoid conflicts, Gutsche emphasises the importance of good governance, succession planning, and conflict management.
He encourages anyone involved in a family business—whether starting out or several generations in—to attend the KPMG conference. Here, they can learn valuable tools and meet others facing similar challenges. This support can help ensure their family business thrives for future generations by fostering unity and effective communication.
### Action Items
- 📅 **Attend the KPMG Family Conference** to gain valuable tools and network with others in the family business sector.
- 📚 **Learn about good governance, succession planning, and conflict management** to maintain the success of your family business.
- 🤝 **Foster unity and effective communication** within your family business to ensure its longevity for future generations.
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