Family-owned businesses that combine four critical mindsets with five strategic actions have a chance to quadruple their value in the next decade—while maintaining resilience.

Do family businesses deliver better stock-market performance than other companies? If so, why? What ownership breakdown is most effective, and does business performance change over generations? Should we look to developed or emerging markets for the best-run family firms? These are all questions that you may have to answer if you’re thinking about investing in a family owned and/or managed company.

All businesses and those who own them face challenges at various points in their life cycles. These encompass things like talent acquisition, resource and cash flow management, growing competition, increasing regulation and fluctuations in not only the economic environment but consumer spending and loyalty.