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?
Adding independent directors to your board
The Board of Directors is where the will of owners turns into action. It is also one of the most challenging steps to take for a business owner as they may be advised to do things differently.
Personality characteristics of bad leaders
Identifying the key characteristics of success is very important. But it is equally important to identify the characteristics of failure.
Personality characteristics of good leaders
Successful leaders tend to be self-differentiated: people who can strike a healthy balance between their own individuality and family togetherness.
Handing off and taking hold: leadership succession in turbulent times
Family business transition is fraught with peril in the best of times, and these are not the best of times. Almost forty percent of family businesses will change leadership in the next five years during the greatest economic crisis to hit the US since the Great Depression.