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Articles tagged: Family Business
Structure is the Key to Stronger Family Business Succession Planning
Unorganized family structure can lead to failed business transitions. A successful family business succession plan requires clear roles. Read More
Study: Private Company Board Compensation
How much should board of directors members be paid? In cash or retainers? Find out how companies pay their directors in the latest study. Read More
Surviving the Second Generation: Discussions You Need to Have Before Family Business Transitions
Many family businesses don’t survive into a third generation. Strong quarterly communication can aid family business transitions. Read More
2 Crucial Tips for Preserving Multigenerational Wealth
Better multigenerational wealth management requires families to recognize potentially fatal events and treat their wealth as an enterprise. Read More
Family Business Conflicts: Are You Choking on Family Fur Balls?
Conflict resolution in family business starts by addressing ‘fur balls’. Don’t choke, or family business conflicts will worsen. Read More
STEP, KPMG Study: Global Family Business Governance Trends
Here’s what the STEP survey on global family business trends reveals about governance, Millennial leadership, diversity and retirement. Read More
5 Rules for Building a Solid Family Office Structure
A solid family office structure requires a quality management team that can protect and sustain a family’s wealth over generations. Read More
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? Read More
Families in Business: Mapping Out Your Family Vision with a Business GPS System
Bypass U-turns with this “GPS system” that aligns family vision and helps find the fastest path to meeting your family’s business objectives. Read More
Psychology of a Private Company Board Part 2: Family-Owned Businesses
The board of directors for a family-owned business has a duty to the company’s owners, but family dynamics often complicate its direction. Read More