Taylor's Centre for Family Business

Taylor's Centre for Family Business The first centre in Malaysia devoted to empowering business families in preserving family legacies.

Shan Loy took the stage at the 2026 Asia Economic & Entrepreneurship Summit for Session Two, “Building Asia’s Resilient ...
20/08/2026

Shan Loy took the stage at the 2026 Asia Economic & Entrepreneurship Summit for Session Two, “Building Asia’s Resilient and Responsible Enterprises.”

Stewarding Taylor’s Centre for Family Business, Shan joined distinguished business leaders to explore how Asian enterprises (from SMEs and family businesses to large corporations) can become more resilient, responsibly governed and ready to scale.

In an age of disruption, preserving tradition can be a competitive advantage.The Kam family in Jelutong, Penang has been...
07/08/2026

In an age of disruption, preserving tradition can be a competitive advantage.

The Kam family in Jelutong, Penang has been producing traditional soy sauce for nearly a century, relying on natural sun fermentation rather than shortcuts. In an era where efficiency, automation and rapid scaling dominate business conversations, their heritage is a refreshing reminder that not every competitive advantage comes from doing things faster. Sometimes, it comes from knowing which traditions are worth protecting.

As AI, automation and digital transformation reshape industries, family businesses may feel pressure to modernise everything. Yet true transformation is not about replacing tradition. It is about identifying what should evolve and what should remain unchanged. The strongest family enterprises understand that innovation and heritage are not opposites. They are partners.

Whether your family business is approaching its first generation or its fourth, the question is worth asking: What is the one thing your business should never compromise, no matter how much the world changes? Tell us in the comments below.

[Full article: https://www.malaymail.com/news/malaysia/2026/07/26/for-nearly-a-century-this-penang-family-in-jelutong-has-let-the-sun-make-its-soy-sauce/228002]

The most valuable thing a family passes on can't be measured on a balance sheet.Families across ASEAN are placing increa...
04/08/2026

The most valuable thing a family passes on can't be measured on a balance sheet.

Families across ASEAN are placing increasing emphasis on passing down values alongside wealth and leadership responsibilities. It reflects an important shift in thinking. Businesses may survive because of sound financial decisions, but families endure because successive generations understand why the business exists, what it stands for and the responsibilities that come with stewardship: values often outlive strategies.

This conversation should begin much earlier than many realise. You do not need to be preparing for retirement before discussing legacy. In fact, values are best transferred through everyday decisions, shared experiences and intentional conversations long before leadership changes hands. A written family constitution is valuable, but it can never replace the daily behaviours that shape a family's culture. The strongest businesses do not simply prepare successors to run the company. They prepare future stewards who understand the family's purpose, reputation and responsibilities.

If your family has started asking questions about the future, whether around succession, governance, next-generation engagement or simply how to preserve what matters most, perhaps the conversation has already begun. We believe these discussions do not always need formal answers immediately. Sometimes they simply need the right environment, perspectives and people around the table. We would be delighted to continue that conversation with you.

[Full story: https://www.businesstimes.com.sg/international/asean/passing-values-comes-focus-aseans-family-businesses-hand-over-reins]

Many entrepreneurs dream of turning a single successful outlet into a recognised brand. Fewer manage to do so without lo...
31/07/2026

Many entrepreneurs dream of turning a single successful outlet into a recognised brand. Fewer manage to do so without losing the very qualities that made customers fall in love with the business in the first place.

The story of Penang Cendul is more than the growth of a popular Malaysian dessert brand. It is the story of a family enterprise that expanded while preserving its identity. From modest beginnings to a recognised chain, its journey reflects a challenge familiar to many family businesses across Asia: how do you grow without compromising your heritage?

This question is especially relevant for SMEs. Heritage and scalability are not opposing forces. Too often, family businesses feel they must choose between authenticity and commercial success. In reality, the strongest enterprises show that the two can reinforce each other. Heritage provides differentiation, while professional management ensures consistency.

Ultimately, every family business reaches a point where it must decide what to preserve, what to evolve, and what to let go. If this resonates with your own journey, whether you are navigating growth, succession, or simply exploring what comes next, our centre welcomes conversations, reflection, and informal discussions to help you think through your next steps.

Full story: https://vulcanpost.com/833103/penang-chendul-malaysian-chain-restaurant-founder-history/

A family office isn't defined by the size of a family's wealth. It's defined by how intentionally a family manages its f...
28/07/2026

A family office isn't defined by the size of a family's wealth. It's defined by how intentionally a family manages its future.

Malaysia's ambition to become a regional destination for family offices is gathering momentum. As highlighted by The Business Times, Forest City is beginning to attract interest from business families and wealth managers. But attracting capital is only one part of the equation. A thriving ecosystem must also develop the people, governance, trusted advisers, and capabilities that help families preserve and grow their legacy across generations.

For many family businesses, particularly SMEs, the term family office can feel out of reach. Yet the underlying principles are anything but. Structured governance, coordinated decision-making, succession planning, and long-term stewardship are just as relevant to a first-generation business preparing for transition as they are to a multi-generational enterprise managing significant wealth.

Malaysia's initiative therefore presents an opportunity that extends beyond financial services. It invites us to strengthen the ecosystem that supports family enterprises, equipping families with the knowledge, frameworks, and professional expertise they need to navigate generational change with confidence.

Full article: https://www.businesstimes.com.sg/international/asean/malaysias-forest-city-family-office-push-gains-traction-ecosystem-gaps-remain

Many people are familiar with the saying, ""The first generation builds, the second maintains, and the third spends."" F...
24/07/2026

Many people are familiar with the saying, ""The first generation builds, the second maintains, and the third spends.""

For family businesses that continued to thrive well beyond that, their longevity was not the result of extraordinary luck or a single visionary leader. Their stories usually reinforce an important shared truth: enduring family businesses are intentionally designed to outlast individuals.

For Asian family businesses, this perspective is especially relevant. The same principles apply to a local café, a manufacturing company or a diversified enterprise. Longevity is created through consistent habits and shared purpose, not simply through financial success.

Perhaps longevity itself should not be the objective. The goal is to create a family and a business that continue to deserve each other across generations. Businesses may survive through capital, but families remain united through trust, communication and shared purpose. Legacy is not one remarkable achievement. It is the cumulative result of thousands of thoughtful decisions, repeated across generations.

Read full article: https://e.vnexpress.net/news/life/trend/how-us-family-business-kept-its-fortune-for-8-generations-5081891.html

What does it take to build a legacy that lasts for generations?Recently, we had the privilege of working with the Malays...
17/07/2026

What does it take to build a legacy that lasts for generations?

Recently, we had the privilege of working with the Malaysian Timber Council - MTC Youth Circle Committee and Dr Johnben Loy, Ph.D., LMFT in bringing together business families from Malaysia’s wood and timber industry for another exclusive Unlocking Your Legacy programme. While each family had its own unique journey, they shared a common purpose: preparing the next generation while preserving the values that built their businesses.

We were encouraged to see that over 70% of respondents were second-generation family members, reflecting a strong commitment to shaping the future of their family enterprises. The event also received a +38 Net Promoter Score (NPS), reaffirming the value of creating a trusted space for honest conversations, shared experiences, and practical learning.

Thank you to all the families who joined us. We look forward to continuing these important conversations and supporting family businesses for generations to come.

We are incredibly grateful to our Advisory Academic Fellows for embracing this learning journey with such openness and c...
17/07/2026

We are incredibly grateful to our Advisory Academic Fellows for embracing this learning journey with such openness and courage. While many may not come from family business backgrounds, they have chosen to step into this space with curiosity, humility, and a genuine desire to make a difference.

Building stronger family businesses begins with building a community that is willing to learn together. Thank you for believing in this journey and for growing alongside us. This is what family is all about. Together, we are creating meaningful impact, one conversation at a time.

Not every family business begins with factories, boardrooms or billion-dollar ambitions.Read the full article: https://w...
14/07/2026

Not every family business begins with factories, boardrooms or billion-dollar ambitions.

Read the full article: https://www.freemalaysiatoday.com/category/leisure/2026/06/01/mum-and-daughter-keep-familys-appam-legacy-alive

Some begin with a simple commitment to keep a family's story alive…like this mother-daughter duo who continue their family's appam business, preserving recipes and techniques that have been handed down through generations. Every family business, regardless of size, inherits something more valuable than products or profits. It inherits trust, identity, craftsmanship and relationships (and sometimes, flavours) that cannot easily be replicated.

We often discuss governance frameworks, succession planning, family offices and multigenerational wealth. Those topics are essential as businesses grow. Yet every enduring family enterprise starts with something much simpler: a commitment to serve customers consistently, preserve quality and pass on values before passing on ownership. Sometimes, the greatest competitive advantage of many family businesses is not scale, but authenticity.
Source: FMT

The Wertheimer family's stewardship of Chanel demonstrates that successful succession is rarely dramatic. It is built th...
10/07/2026

The Wertheimer family's stewardship of Chanel demonstrates that successful succession is rarely dramatic. It is built through long-term preparation, disciplined governance and a commitment to preserving both family unity and business excellence. it is an example of deliberate stewardship. While many succession stories only attract attention during moments of conflict or leadership transition, Chanel demonstrates a different model. The family has remained largely out of the public spotlight, focusing instead on long-term governance, careful succession planning and preserving the brand across generations.

Read the full case study: https://thececilygroup.com/blog/a-case-study-the-chanel-wertheimer-succession/

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Wednesday 10:00 - 17:00
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Friday 10:00 - 17:00

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