Lancaster University - Transforming Tomorrow

11 A Pentland Centre Research & Impact Digest, 2023 An active community of international scholars and family businesses developing global resources to bring new and meaningful insights to advance the business practice of small and medium-sized family firms. A dynamic research hub focused on exploring relationships between gender, work and leadership and their impact on individuals, organisations and society. The leading think tank for improving work in the UK. An authoritative, independent source of ideas and analysis on the labour market and the wider economy for over a hundred years. The SRC introduced the biosphere basis for resilience at this seminar. The SRC researches the complex dynamics of people and planet in the Anthropocene (where human action drives global environmental change). They are also the science lead for the Seafood Business for Ocean Stewardship initiative (see P6-7). Family businesses represent a significant proportion of UK employers. Many have been operating for over a century, proving resilient and adaptive to significant economic, social and political change. But as a nation we face further substantive transitions. Understanding how family businesses can adapt and be resilient to these changes will be key to developing approaches to policy and practice. Ben Harrison, Director, The Work Foundation The future for sustainability in business will be about how organisations navigate more complex and dynamic ecological contexts, entwined with social and economic dynamics. Family businesses are especially important. Possibilities for corporate biosphere stewardship rely upon business being more conscious of environmental matters, as well as accepting responsibilities for ecosystem operations where they operate. Professor Jan Bebbington, Director, Pentland Centre for Sustainability in Business Examining gender in relation to resilience and family business is important. Businesses committed to gender equity tend to be receptive to innovation and change, and are more resilient. Adversity puts longevity at risk, placing a spotlight on leadership and succession. These practices are often shaped by primogeniture and gender bias, affecting the ability to flourish and adapt. Professor Valerie Stead, Director, Academy for Gender, Work and Leadership There is growing concern about how family businesses respond to adverse circumstances. They represent the world’s dominant business form, so understanding how different aspects of place influence their diverse strategies to address adversity presents an opportunity to understand why family businesses matter for the resilience of particular locations. Dr Allan Discua Cruz, Director, Centre for Family Business Four perspectives on resilience Our event co-organisers Our external partner