Surviving the Times : How a Family Business Evolves from Generation to Generation

The Lawrence N. Field Center for Entrepreneurship presents the 6th Annual Global Family Business Event, where we invite speakers from prominent family businesses around the world to share advice, anecdotes and wisdom on running a family enterprise. This year, we are featuring a third generation entrepreneur, who will discuss how the business has evolved from generation to generation. Fernando Carrilho is the director of the Brazilian property and real estate company Construtora Carrilho. Fernando’s grandparents founded the company in 1969 with the purpose of building and reconditioning small residential buildings. Today, Construtora Carrilho is focused on buying land, as well as building and selling office buildings and apartments under a government program designed to help those who wish to purchase their first home. Over the years, the family business has grown from a contractor to a major corporation, and, like many family businesses, its organizational culture has evolved from generation to generation.