The Levant Family Business Podcast - Sparking Innovation In The Family Business

Episode 12 – Innovation As An Engine For Growth, A Conversation With Nicolas and Anthony Boukather.

To thrive in a competitive landscape, family businesses must be willing to adapt and change. Firms must learn to embrace innovative thinking and explore new ideas, processes and procedures in order to stay relevant and ensure success for future generations. Change, however, isn’t always easy and disrupting long-standing processes in place of new methods can often be a daunting prospect.

In this episode, we are joined by twin brothers Anthony and Nicholas Boukather from ANB Holding to share their insights and experiences on implementing innovation, embracing failure and making the necessary changes that ultimately lead to success.

Why does Innovation mean for family businesses?

“Innovation in a family business is to create value for the future generation.”
– Nicolas and Anthony Boukather

KEY QUESTIONS DISCUSSED IN THE PODCAST

• Why is innovation such an important topic for family businesses?
• Why is failure such a crucial part of the innovation process?
• What advice can be given to family firms looking to make changes and prioritise innovation?
• What steps can firms take to encourage and foster innovating thinking amongst employees?

Twin brothers, Nicolas and Anthony Boukather took the leadership of their family company early 2000’s and succeeded in implementing new strategies leading to growth and innovation while sustaining the family-driven enterprise culture and core values of unity, integrity and transparency. This episode is hosted by Cherine Debbas, Co-Founder of AGW Family Business Advisory.

You can listen to the full series of The Levant Family Business Podcast on www.soundcloud.com/tharawat

This podcast series is designed by The Tharawat Family Business Forum and produced in collaboration with AGW Family Business Advisory. More information on www.tharawat.org and www.agw-advisory.com.