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Launched in 2016, the Brown Brothers Harriman Family Business Leadership Speaker Series at Columbia Business School welcomes global family business leaders to campus to share their unique perspectives and to interact with students and alumni. The series, supported with a gift from Brown Brothers Harriman, is open to students, alumni, scholars, and friends.
Chairman of the Eu Yan Sang International Ltd (EYSI) (Singapore) | October 26, 2020
Richard Eu joined us from Singapore to speak to the CBS Family Business Program about his Traditional Chinese Medicine retail chain Eu Yan Sang (230 stores in Asia and online), his approach to succession (5 generations of legacy), and how to successfully negotiate cross-cultural nuances across business and family.
With his children in the audience, Richard shared how Eu Yan Sang manages to balance the old and new, honoring its heritage while continuously evolving to make its products more accessible to the modern customer. He delved into how cultural influences passed down by his ancestors, including the Eu family poem inscribed with values to care for mankind and his family’s Western education (Richard’s uncle went to Columbia!), have had a big impact on subsequent generations. Finally, Richard expressed his love for playing music with his family, reminding us that business is only one portion of family!