Awarded by IMD, a top-ranked global business school based in Switzerland, and Lombard Odier & Cie, a leading private banker in Europe, the annual prize recognizes a company that unites family interests with those of the business and combines tradition and innovation while demonstrating a clear commitment to the local communities in which it operates. Two key factors separate this award from others: it is international in scope and highlights the contributions that family businesses — and their employees — make to the global economy.