Seven Dimensions of Succession
This booklet delves into the transitions from one generation to another that require succession in seven areas.
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Types of Family Business Owners
There are many attitudes towards ownership. The following 8 types describe what we have found are common among family business owners. How would you describe yourself?
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Health, Wealth and Families: How to Assure Your Wealth Helps, Not Hurts, Your Family
Many families, who have built or inherited wealth, worry that their wealth will hurt their families, destroy their children’s motivation to work, or contribute to dysfunction in the lives of their grandchildren.
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The Role of the Board Chair
Imagine you are an owner of a company and you set up a board of directors to help govern and guide the business. Do you take the role of board chair or do you identify someone else to take that role?
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Best Practices for Families in Business (Overview)
We are excited to announce that our new book, Keys to Family Business Success, is available, In anticipation of your reading this book, I thought I would share some of the best practices that are described in the book. These are practices that contribute to the well-being of families and their businesses.
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‘The New Normal’ (4 of 4): Vision as a Guiding Principle
For our fourth post in the series on “The New Normal,” we present an interview with Leslie Dashew who shares some key insights based on decades of experience as a family business advisor.
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Safety in Family Business
I recently had meetings with several families where it became very clear that members of the family did not feel psychologically (or even physically) safe.
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Family Business Board Governance
Governance structures in family companies must be designed to safeguard the long-term interests of family shareholders by ensuring the growth and continuity of the enterprise and promoting the family’s harmony and welfare.
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Seven Dimensions of Succession Planning in Family Business
When leaders of family businesses think about succession planning, typically they are thinking of who will replace the President or CEO. Some go further to think about who will own the business when the current owners are gone: succession of ownership.
