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Articles tagged: Fiduciary Duties & Corporate Governance
Governance Systems Should Anticipate and Resolve Business Ownership Conflicts
Business ownership conflicts threaten the continuity of a business, and when decision-makers can’t step up, the board must lead the charge. Read More
How to Plan for Management Succession
Planning for management succession is easier once you know your company’s business objectives and talent needs. Read More
Tips to Manage Business Risks with Your Board and Management Team
Business owners have little time to ponder unlikely events. It’s up to the board and management team to manage business risks continuously. Read More
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
C-Suite to Boardroom: The Traits an Experienced Executive Needs to Be an Effective Director
An executive can make an effective board director, but he or she must be aware of how the boardroom style differs from c-suite leadership. 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
Guidelines to Improve Your Company’s Banking Relationship (In the Style of Poe’s ‘The Raven’)
In order to improve your banking relationship and get the most favorable terms from your lender, focus on two things: character and cash flow. 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