Saturday, July 25, 2015

30% of family businesses plan to increase its workforce by 5% during 2015 – Yahoo Finance Spain

MADRID, 24 (EUROPA PRESS)

30% of the Spanish family businesses planning to increase its workforce by 5% during 2015, compared to 6% who plans layoffs in them. This is reflected in the study by EY and University Kennesaw State.

In this context, 67% of these businesses in Spain has said they would maintain their workforce unchanged this year.

Globally, 54% of family businesses together plans to hire about 100,000 workers and 68% plan to increase production in 2015. India, the Gulf countries, Indonesia, Mexico and the UK are the markets where family companies are more willing to increase their workforce by at least 5%.

As for future prospects, the study shows that most of these companies plans to invest in systems and controls and information technology to increase and modernize its production capacity in order to know the impact of cyber-risk.

The latter is 5% in the Spanish companies, which in 50% of cases is unknown what that percentage and 17% recognize the impact that the cyber risk is in the business is high.

In this context, the study highlights the international expansion as one of business strategies that most characterizes the Spanish family businesses in recent years. Thus, these companies operate in 22 countries, compared to 15 countries on average in the rest of the businesses analyzed in the study.

In addition, half of these companies has ensured that Spain will continue to concentrate its efforts on 2015 to increase its presence abroad, compared with 8% who have indicated their intention to reduce the number of markets.

MOST SATISFIED WITH YOUR BOARD.

study shows that 100% of these companies in Spain said they were satisfied with their Board of Directors. Thus, the managers of the Spanish family companies are the ones that get top marks for its management among the countries of Western Europe.

In Spain this type of business is in the hands of the third generation 47% cases, with the professionalism of the management team as one of its main assets.

In order to plan for succession, the profile of the Board (35%) and the CEO (30%) are the most valued in Spain, compared with 22% who prefer the family.

This trend continues globally, and that 44% of the analyzed countries have chosen the Governing Council as a way of manage their business.

begin to consider having women at the top.

70% of the largest family businesses in 21 major global markets analyzed in the study considers a woman to be your counselor next delegate.

So, the study reveals that Spain and Germany are the two countries where family businesses are considering tighter appoint a woman as the next CEO.

By contrast, in the Gulf South Korea, Canada and Belgium this trend will not appreciate in the short term

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