Wal-Mart, Husky, ATCO, Bombardier and Coril Holdings. What do these companies all have in common? They are all family-operated businesses.
More than 85 per cent of companies in the world — including one-third of Fortune 500 companies — are either owned or controlled by a family. Beyond that, two-thirds of the jobs in the world are created by family-owned companies.
But for every 10 family operations that get off the ground, seven don’t make it.
So how do family-run companies get from a fledgling operation to a large scale, global conglomerate? A driving central belief and clear core values.
Rather than family members jetting off in different directions with a multitude of ideals, the Mannix family remains united with a clear vision:
Coril is a family-owned enterprise that creates, inspires and supports world-class socially and environmentally responsible businesses that transcend generations.
We continue to celebrate that vision and those core values through creative and inspirational initiatives, such as the Coril150 project.
