(by Lisë Stewart, Director, Center for Family Business Excellence writing for Entrepreneur.com) Opinions expressed by Entrepreneur contributors are their own. When advising family business owners, one of the biggest challenges I see clients grapple with is the...read more
(BY RAJIV AGARWAL from ForbesIndia.com as originally presented by SP Jain Institute of Management & Research, Mumbai.) I was addressing a group of entrepreneurs and their children when one of them asked me an interesting question. The potential successor of a business...
(by Tom Libbrecht for How Cool Brands Stay Hot) As baby boomers are retiring at a high pace, topics about succession surge within the field of family business literature & science. Numerous publications explain how to succeed successfully, but they often leave out a...
(by Lee Williamson for Hong Kong Tatler) Li Ka-shing’s son Victor has a lot to live up to. Here’s how he, and any successor to a family business, can make a success of keeping it in the family Li Ka-shing made headlines around the world last week by announcing his...
Conflict is inevitable, especially as you begin to transfer governance away from yourself to others. These other decision makers will begin to make their own decisions which may or may not be congruent to the decision that you would have made.
At a certain level of wealth, money makes parenting harder, not easier.
If approximately 70 percent of all businesses are family businesses, and two out of three don't survive to the next generation, what can you do to make sure your business will survive and thrive?
Sons in the Shadow explores the dynamics of family relationships in businesses both large and small about which relatively little has been written.
Preparing the next generation to inherit the family enterprise is the single most important determinant of a successful generational handoff.
Stop rushing into businesses born from half-baked ideas, misguided theories, and other forms of self-delusion.
Much of the advice we’ve been told about achievement is logical, earnest…and downright wrong.
Generation to Generation presents one of the first comprehensive overviews of family business as a specific organizational form.
This book will help HR managers and founders/owners develop a formal process within the company and also provide insights from family firms on how to manage sensitive topics ranging from family member compensation; family member appraisal, etc., and serves as a guide to HR managers struggling to get a "seat at the table" in family firms.