Financial Poise

Articles tagged: Business Management

Three Circle Model

Revisiting the Three Circle Model of Family Business to Strengthen Governance Structures

It’s been 40 years since Gersick introduced the Three Circle Model for Family Business. How can you assess governance maturity in each circle?

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Succession Planning

How Strong is Your Business Succession Plan?

When building your business succession plan, commitment to organizational depth and strength are key. Avoid making these common mistakes.

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Aligning Company and Fund Goals

Psychology of a Private Company Board in Fund-Owned Businesses

The board of directors has a fiduciary duty to the interests of the company and owners, so how does it handle fund-owned businesses?

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Role of the Board of Directors

The Basics of the Board of Directors – Roles, Structures and Duties

The role of the board of directors is to represent shareholders. Learn about board of director functions, from small to mature companies.

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Family Dynamics in Business

The Art of Balancing Family Dynamics in Family-Owned Businesses

It’s vital to balance corporate governance with family dynamics. Family-owned businesses fail when relatives’ goals and values don’t align.

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Accelerated Pace of Change

Can Your Organization Survive Through Today’s Accelerating Pace of Change?

Exponential growth in technology and market disruptions are putting pressure on companies to accelerate their organizational pace of change.

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Cybersecurity practices for business

Reasonable Measures in Cybersecurity: Guidelines for Breach Prevention and Response

If your business collects personal data, then implementing cybersecurity best practices can save you from a data breach and lawsuit.

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How to Delegate Tasks Effectively

Learn How to Delegate Using 2 Simple Questions

Effective delegation frees up time for leaders to work on bigger projects. But in order to delegate successfully, ask yourself two questions.

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Calculating Cash Gap

‘Know Thy Numbers’ Installment #4- Cash is King: Cash Gap and Working Capital

The time between cash outflow and cash inflow, when cash is low, is called cash gap. Learn how to calculate and improve your cash gap.

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