Her wisdom and unceasing sense of duty meant she was widely viewed with a combination of respect, esteem, awe and affection, which transcended nations, classes and generations. She was immensely proud of Britain and its people, yet in the end she belonged to the world, and the world will mourn her passing.
The percentage of family businesses to national GDP is 55% in Germany, 60% in France and Portugal, 70% in UK. The numbers for Asian economies are 48% South Korea, 65% China, 67 % Malaysia, 76% Philippines. Even higher the rate is in South America: 75% Peru, 80% Dominica, 85% Brazil, 90% Mexico.
While some challenges are common across most family businesses, Asians tend to demonstrate a greater level of dynamism and agility in the face of change. They are uniquely challenged in the area of succession due to a more rigid approach to inter-generational transfer.