Latest Entries
Constellations – Part IV
Advising / Consulting / Issues in the Family Enterprise / Leadership

Constellations – Part IV

The last in a series of four issues on “Constellations in Family Enterprise” – these three contributions by Linda Mack, Jay Lipsey, Anna Nichols and Steven Weinstein focus on issues in family wealth. Listen to an audio interview with Linda Mack, CEO of Mack International on “The Devil’s in the Details: Search and recruiting for … Continue reading

Four Myths & Realities in the Constellation of Issues that Family Businesses Face
Advising / Issues in the Family Enterprise

Four Myths & Realities in the Constellation of Issues that Family Businesses Face

Too often, consultants to family enterprise take the same approach used when serving the C-suite of a Fortune 500 firm. This ends up being a huge mistake as it overlooks the family’s unique history and dynamics that tend to serve as major sources of influence. Conversely, the pendulum can swing too far in the opposite … Continue reading

An External Perspective: The role of the outsourced CIO for business-owning families
Finance / Issues in the Family Enterprise

An External Perspective: The role of the outsourced CIO for business-owning families

A family may own and operate an extremely well-run, highly successful business yet be surprisingly disorganized in its approach to managing the wealth generated by that business. The continuous demands of the company are so consuming, that in many cases, the family simply has not had the time or felt the urgency to focus on … Continue reading

The Devil’s in the Details: Search and recruiting for key family office and family business positions
Consulting / Leadership

The Devil’s in the Details: Search and recruiting for key family office and family business positions

Listen to an audio interview with Linda Mack, CEO of Mack International on “The Devil’s in the Details: Search and recruiting for key family office and family business positions” that shares best practices on the search and recruitment business in the family business realm, the importance of culture fit and best practices around compensation of … Continue reading

Constellations – Part III
Advising / Consulting / Family Business / Governance / Issues in the Family Enterprise

Constellations – Part III

The third in a series on “constellations in family enterprise,” these three articles are grouped under the subtopic of “Next Generation and Succession.” Thanks to authors Joshua Nacht, Steve Legler and Fran Lotery for committing to this series. Go here for Joshua Nacht’s article, “Practitioners and the Role of the Family Champion” in which the … Continue reading

Practitioners and the Role of the Family Champion
Advising / Consulting / Family Business / Governance

Practitioners and the Role of the Family Champion

Family enterprise practitioners use the foundational belief that our work occurs in the intersections between the business, family and ownership groups. The ownership group is a unique resource to the business entity because it can contribute diverse forms of capital, governance and a commitment to the continuity of the business through stewardship. Practitioners have a … Continue reading

Is <i>“Ready, Willing and Able”</i> Enough?
Advising / Consulting / Family Business / Issues in the Family Enterprise

Is “Ready, Willing and Able” Enough?

As practioners who work with business families, we are often asked to bring our outsider’s perspective to help families objectively evaluate the capabilities of their human resources. In non-family companies and other organizations, these HR tasks are often handled in very systematic ways, with people concentrating on the business functions that employees must handle, and … Continue reading