AI Emerges as #1 Strategic Priority for Family-Owned Businesses
Family-owned and privately held companies are increasingly prioritizing AI — not just as a tech investment, but as a strategic lever to shape their future. This article from Deloitte examines how these businesses are approaching AI differently, with a focus on its role in driving innovation, governance, and long-term sustainability. Read the article for valuable insights you can apply to your business, then connect with COR Concepts to talk about aligning AI strategy with your organization's business priorities.
AI as a Strategic Priority
According to Deloitte's survey, 42% of family-owned businesses list the use of AI as their top strategic priority for the next year.
Demand for Tech Expertise
The survey indicates that 39% of family-owned businesses are actively looking for board members with specialized technology expertise.
Future M&A Funding Strategies
57% of the leaders surveyed expressed that they are likely to consider public markets as a strategy for future M&A funding.
AI Emerges as #1 Strategic Priority for Family-Owned Businesses
published by COR Concepts
COR Concepts provides Information Governance, Records Management and Enterprise Content Management (ECM) consulting and training services. The company is built on the belief that any Information, Records or Document Management initiative should be designed to extract the maximum business benefit for the organization.
We bring together Compliance, Risk Management and Operational information requirements in a way that delivers benefits to each one of these diverse business units. Our approach is to use an array of industry standards and best practice methodologies to ensure that each implementation will stand the test of time.
We see information governance and records management as an integral part of any Enterprise Content Management implementation and focus on building a solid platform including a records management policy, records management procedures, file plans and a solid change management infrastructure. Building and implementing governance structures is becoming essential for success and we design structures to ensure that all governance aspects are included.
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