{ "docId": "019dd923-5de0-76bd-a168-c9910122c860", "docSlug": "e474e15bb2f1c12c", "documentTitle": "PwC Global Family Business Survey 2018 The values effect", "authorId": "PwC", "authorName": "PwC", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.414, "pageNumber": 42, "pageCount": 56, "prevPage": 41, "nextPage": 43, "slideType": "testimonial", "function": "illustrate_case", "density": "overcrowded", "nDataPoints": 0, "notes": "The slide is a text-heavy page from a PwC report featuring a quote from Zinkann regarding Miele's family business philosophy.", "elementsJson": [ "paragraph", "quote_block" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5de0-76bd-a168-c9910122c860/42", "deckHref": "/decks/019dd923-5de0-76bd-a168-c9910122c860", "deckJsonHref": "/decks/019dd923-5de0-76bd-a168-c9910122c860.json", "deckAnchorHref": "/decks/019dd923-5de0-76bd-a168-c9910122c860#slide-42", "components": [ { "bbox": null, "kind": "callout", "text": "You can only interpret the values of the family – the values of the business – by living them personally and by making everybody in the business aware of them.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-3beb-760d-a9e6-f9dee3b593b2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.35, "w": 0.2, "x": 0.52, "y": 0.36 }, "kind": "paragraph", "text": "An old calendar motto still hangs on the wall in Carl Miele's former office, which says, 'Freude ernährt; Unfriede verzehrt,' which can be interpreted as 'In peace, we flourish; in discord, we wilt.' Together with a sense of mutual respect, this notion possibly made it easier for our two-family business to avoid existential conflicts among partners than what you can find at a one-family company, where several family groupings may have to coexist,' Zinkann says. This spirit of cooperation between both families created a strong legacy at Miele that remains in place today.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1dca837f-3f13-4d1a-9ed4-f281f87a76fc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.2, "x": 0.74, "y": 0.36 }, "kind": "paragraph", "text": "Says Zinkann: 'You can only interpret the values of the family – the values of the business – by living them personally and by making everybody in the business aware of them, by making the 'genetic code' of these values comprehensible to all. In the end it all boils down to defining why you are in business.'", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "28cfe4c4-db22-44e1-9776-ee495a541bdd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.2, "x": 0.74, "y": 0.23 }, "kind": "paragraph", "text": "This structure filters down through senior management. The operational management team is made up of five executive directors who works on an equal footing and who arrive at decisions unanimously.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7383eaaf-d251-45f8-9065-6a84900fe0c2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.2, "x": 0.52, "y": 0.72 }, "kind": "paragraph", "text": "That spirit has forged deep roots in the company's governance structure. Miele has a 'family council,' made up of three representatives from each family, which was put in place to make sure that one family cannot out-vote the other in company meetings.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8a264edb-0dbc-4e87-848b-74a4fd347614", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.2, "x": 0.52, "y": 0.23 }, "kind": "paragraph", "text": "As part of this programme, new colleagues get to know the executive directors and co-proprietors, who make a point of being accessible and approachable in the course of daily work.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "fb03cf37-9726-4b61-ace1-5c8db6caf6e8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.25, "x": 0.1, "y": 0.23 }, "kind": "quote", "text": "You can only interpret the values of the family – the values of the business – by living them personally and by making everybody in the business aware of them.", "attrs": null, "subkind": "pull-quote", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2f0a92ae-d740-4792-92e6-3925c91891e1", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "You can only interpret the values of the family – the values of the business – by living them personally and by making everybody in the business aware of them. — Zinkann", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-3beb-760d-a9e6-ffa03ab462e3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.4, "x": 0.1, "y": 0.19 }, "kind": "title", "text": "Always valuing independence, across generations (cont.)", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ae71a712-8d27-4e57-ba77-c0e80ce33fa6", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }