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 evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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