Inheriting a family business is often seen as a privilege, but for second- and third-generation leaders, the challenge lies in balancing tradition with transformation.

While conventional wisdom suggests that only a fraction of family businesses successfully transition to the next generation, recent insights indicate a greater resilience, particularly when these businesses embrace innovation.

Some choose to preserve the legacy while others push for reinvention, but how do they decide which path to take?

On The Peak Special on The Right Business, Hongbin Jeong speaks to Zat, Editor-in-Chief of The Peak Singapore, to find out more.

Inheriting a family business is often seen as a privilege, but for second- and third-generation leaders, the challenge lies in balancing tradition with transformation.
While conventional wisdom suggests that only a fraction of family businesses successfully transition to the next generation, recent insights indicate a greater resilience, particularly when these businesses embrace innovation.
Some choose to preserve the legacy while others push for reinvention, but how do they decide which path to take?
On The Peak Special on The Right Business, Hongbin Jeong speaks to Zat, Editor-in-Chief of The Peak Singapore,&nbsp;to find out more.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.