Inside Asian Gaming

inside asian gaming October 2017 32 Keen observations T he family spat brought to our attention recently by the Prime Minister of Singapore, Lee Hsien Loong, is a reminder yet again that in Southeast Asia more than 90% of all companies, both public and private, are family controlled or family operated. While this particular dispute between Mr Lee and his siblings was over the potential demolition of their father’s home, the case has in Family affairs With the Asian gaming industry boasting a number of family owned companies, Dr Brian To examines the many problems that can arise when business and family collides. Professor Dr Brian To is a global strategist and senior practice professor with over six advanced degrees in business, management, policy, Chinese business and managing change. He consults to several Asian governments and militaries, Fortune 500 corporations and ultra-high net worth individuals and their family-owned businesses in Asia and North America. Brian presently coaches several country leaders, corporate CEOs and entrepreneurs focused on personal and professional effectiveness and revenue expansion strategies. He can be contacted at bto@post.harvard.edu By Professor Dr Brian To “Among families where power and wealth is heavily controlled and centralized by prominent players, trust can easily be identified as being absent in most manoeuvres and disputes.”