{"id":213207,"date":"2026-05-13T10:24:00","date_gmt":"2026-05-13T14:24:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/13\/how-family-businesses-are-using-ai-to-stay-competitive-co\/"},"modified":"2026-05-13T10:35:09","modified_gmt":"2026-05-13T14:35:09","slug":"how-family-businesses-are-using-ai-to-stay-competitive-co","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/13\/how-family-businesses-are-using-ai-to-stay-competitive-co\/","title":{"rendered":"How Family Businesses Are Using AI to Stay Competitive | CO"},"content":{"rendered":"<p><a href=\"https:\/\/www.uschamber.com\/co\/start\/strategy\/how-family-businesses-use-ai\">How Family Businesses Are Using AI to Stay Competitive | CO<\/a><\/p>\n<p><a href=\"https:\/\/www.uschamber.com\/co\/start\/strategy\/how-family-businesses-use-ai\">https:\/\/www.uschamber.com\/co\/start\/strategy\/how-family-businesses-use-ai<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-13 10:24:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.uschamber.com\">www.uschamber.com<\/a><\/p>\n<ul>\n<li>\n<p><strong>High AI Adoption in Family Businesses<\/strong>: According to a Deloitte survey, 86% of over 1,500 family businesses in 35 countries actively or selectively use AI, indicating a growing trend towards digital transformation to enhance adaptability and resilience.<\/p>\n<\/li>\n<li>\n<p><strong>AI Use Across Multiple Functions<\/strong>: Over 40% of family businesses utilize AI in numerous areas, while 42% use it for selective business functions, particularly enhancing process efficiency, risk management, customer relationship management, and customer engagement.<\/p>\n<\/li>\n<li>\n<p><strong>Mixed Feelings About Technology Investment<\/strong>: While more than half of the surveyed businesses feel well-equipped with necessary technology, concerns remain due to 48% admitting their investment levels are insufficient and 37% being at a moderate stage of digital investment.<\/p>\n<\/li>\n<li>\n<p><strong>Satisfaction Despite Challenges<\/strong>: Family businesses report benefits from their technology investments, including increased productivity and competitiveness, yet 51% worry about keeping up with evolving tech, stressing the challenge of inadequate technology adoption as a risk to growth.<\/p>\n<\/li>\n<li>\n<p><strong>Strategies for Effective Digital Transformation<\/strong>: Tips provided by the report include aligning technology investments with business objectives, focusing on enterprise integration, emphasizing governance and risk management, investing in digital talent, and bringing in outside expertise to manage the complexities of transformation.<\/p>\n<\/li>\n<li>\n<p><strong>Importance of Governance and Risk Management<\/strong>: Effective digital transformation requires integrating governance strategies, including protecting intellectual property and managing security risks, to maintain customer trust and address ethical concerns.<\/p>\n<\/li>\n<li>\n<p><strong>Focus on Team Training and Expertise<\/strong>: To leverage AI and other technologies, family businesses need to invest in training employees, fostering digital talent, and collaborating with external experts to guide them in meeting goals and driving growth.<\/p>\n<\/li>\n<li>\n<p><strong>Long-term Impact on Business Succession<\/strong>: Choices made today regarding AI and digital transformation can shape not just immediate business outcomes but also the business legacy passed on to future generations, highlighting the importance of strategic planning.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Family Businesses Are Using AI to Stay Competitive | CO https:\/\/www.uschamber.com\/co\/start\/strategy\/how-family-businesses-use-ai Publish Date: 2026-05-13&#8230;<\/p>\n","protected":false},"author":1,"featured_media":213208,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/uschamber-co.imgix.net\/https%3A%2F%2Fs3.us-east-1.amazonaws.com%2Fco-assets%2Fassets%2Fimages%2Ffamily-business-ai.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fm=jpg&fp-x=0.3477&fp-y=0.3564&h=630&q=80&w=1200&s=78103f635bd1cb820c69ce67fac50ee3","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-213207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213207"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=213207"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213207\/revisions"}],"predecessor-version":[{"id":213210,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213207\/revisions\/213210"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/213208"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=213207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=213207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=213207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}