“Three things are crucial for family entrepreneurship to be successful: theoretical foundation, possibilities for idea exchange and strong role models.”
In addition to his profession as an advisor to family businesses and his numerous publications, Peter May has conducted and initiated various efforts to spread and enhance people’s knowledge concerning family businesses. The most important ones are listed below.
Since 1998, Peter May has regularly given lectures on managing family businesses and business owning families.
He began as a lecturer at UWH in Witten-Herdecke, followed by an occupation as a professor at FHDW in Bergisch-Gladbach. In 2008 and 2009, he was Wild Group Professor of Family Business at the IMD in Lausanne and since2009, he has been an Honorary Professor at WHU- Otto Beisheim School of Management in Vallendar.
The management of family businesses requires a solid scientific foundation. Hence, in 2004, Peter May paved the way for the funding of a research department at WHU-Otto Beisheim School of Management in collaboration with a group of entrepreneurial friends..
As Honorary Professor he is closely linked to the scientific work conducted at WHU.
Good governance is an essential element of the long-term success of family businesses. In 2004, Peter May worked in collaboration with successful family business owners and researchers in order to create the world’s first Governance Code for Family Businesses. He has since taken on the presidency of the commission. The aim of the Governance Code is to give interested family business owners a guideline on how to individually shape their own governance.
The Code is a joint initiative with INTES Akademie für Familienunternehmen, FBN Germany and DIE FAMILIENUNTERNEHMER – ASU. In 2015, the 3rd edition of the Governance Code was published.
Besides qualification and consultation, the exchange of experiences is a crucial part for the success of business owning families. The world’s biggest organisation in this area- especially in respect to the next generation- is the Family Business Network (FBN).
That is why in 2000, Peter May decided to found FBN Germany, whose managing director he remains to this day.
Become a member of this organisation now. “By families. For families.” Benefit from our wide range of offerings. Nationally and internationally.
“Learning from Champions” - that is the motto Peter May employed when he founded the “Family Entrepreneur’s Success Forum” in 1998. The convention aims at bringing together some of the leading family business entrepreneurs from home and abroad. It has been recognised as one of the most crucial meeting points for business owning families in Germany.
As the host of the Family Entrepreneurs’ Success Forum, which is organised annually in November by INTES Akademie für Familienunternehmen in collaboration with FBN Germany and DIE FAMILIENUNTERNEHMER at Schloss Bensberg near Cologne, Peter May remains closely connected to this event.
Successful entrepreneurship needs strong role models. Therefore INTES and impulse founded the “German Family Business Entrepreneur of the Year” award in 2004. It has developed into one of the most important awards for family business owners in Germany and is supported by FBN Germany and DIE FAMILIENUNTERNEHMER –ASU.
As the award’s initiator and head of the jury, Peter May shares the responsibility of honouring an exemplary entrepreneur with this award each year.
So far the award has gone to
2016 Martin Viessmann
2015 Dr. Simone Bagel-Trah
2014 Stefan Fuchs
2013 Familie Leibinger
2012 Heinrich Deichmann
2011 Heinz Gries und Andreas Land
2010 Stefan Messer
2009 Markus Miele und Reinhard Zinkann
2008 Bernhard Simon
2007 Jürgen Heraeus
2006 Peter-Alexander Wacker
2005 Michael Stoschek
2004 Maria-Elisabeth Schaeffler
In addition to his numerous commitments in Germany, Peter May is also participating in international projects.
The following section presents a short overview of the most important activities:
If you are interested in our international activities, please feel free to contact us.