Welcome to Business Families Institute

Think Generations. Think Growth. Think Giving. Think Global.

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Since 2010, the Singapore Management University (SMU) had recognised the emergence of Asian business families and discerned that they require specifically contextualised thought leadership and applied knowledge. In response to the growing needs of business families in Asia, SMU established the Business Families Institute (BFI) in August 2012 under the leadership of the Founding Academic Director, Professor Emeritus Annie Koh.

BFI@SMU collaborates with various partners, academic or practice, to be a leader in Asian business family-related knowledge. The Institute also encourages business families to Think Generations, Think Growth, Think Giving and Think Global. In doing so, BFI@SMU addresses business family-specific issues such as succession, family governance, entrepreneurship and wealth management. The mission of BFI@SMU is to enable business family members to be engaged and responsible stewards of their families, businesses and communities, through education, research and ecosystem support.


Sustainability takes centre stage in education

11 May 2021

BFI@SMU was established in response to the growing needs of business families in Asia. This column profiles business families and how they approach issues of governance and stewardship. Stefan Tan,…

EY Entrepreneur of the Year open for nominations

30 Mar 2021

BFI@SMU is honoured to be one of the Knowledge Partners for the EY Family Business Award of Excellence once again. The Award, which honours exceptional family businesses, recognizes and awards…

Business transformation and succession amid pandemic

04 Mar 2021

Commenting on the challenges in business transformation, SMU Associate Professor of Organisational Behaviour & Human Resources Tan Hwee Hoon noted that this mainly relates to the human factor, as…