Entitlement
Entitlement is a psychological attitude toward relationships that results from the balance or imbalance of fairness and trust early in life.
Knowledge Succession: The Real Transfer of Power
The succession of authority is about transferring the responsibility for final decisions. In family businesses true authority is often kept in the older generation even after stocks and overt management responsibilities are passed on.
Sustaining the Family Business
Starting a business is a lot easier than keeping it alive. Most statistics on survival of entrepreneurial ventures suggest only 1 out of 5 survive for 5 years or more.
Selection of a Trustee: A Search for Wisdom
In 30+ years of our practice, we’ve seen clients struggle with selection of a trustee. Do they select individuals or corporate trustees?
Axioms for Families in Business
There comes a time in one’s career when the desire to pass on what has been learned grows stronger. One way I am satisfying this desire is to articulate the ideas that have been most influential in my work
The Trapeze Act of Family Succession
The trapeze act is a metaphor for family succession and in exploring the metaphor we can learn how to be of greater value in helping succession go well.
