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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

Position Open: Chief Collaboration Officer (CCO)
Advising / Consulting / Family Business / Issues in the Family Enterprise

Position Open: Chief Collaboration Officer (CCO)

The Foster Family Conundrum The Foster family was sitting around its kitchen table just as it always had to discuss the upcoming promotion for their Fall line of pet accessories. The family had been either manufacturing or importing anything pet owners ever wanted for their domestic animals since the early 1960s. They had a tradition … Continue reading

Constellations – Part II
Addiction / Advising / Behavioral Science / Case Studies / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise / Research in the Field

Constellations – Part II

The second in the November series on Constellations, this issue features articles by Oscar R. Peña on “The Systemic Perspective at the Family Enterprise Field,” and Arden O’Connor and Michael Madera on “Addiction, Advisors and Alliances: Working together to address complex family issues.” Continue reading

The Systemic Perspective at the Family Enterprise Field
Advising / Behavioral Science / Case Studies / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise / Research in the Field

The Systemic Perspective at the Family Enterprise Field

In this brief article, I will quickly talk about the systemic perspective and cover some frequent dynamics that we find at family enterprises, while trying to give recommendations for professionals working with those types of enterprises. Continue reading

Addiction, Advisors and Alliances: Working together to address complex family issues
Addiction / Advising / Behavioral Science / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Addiction, Advisors and Alliances: Working together to address complex family issues

Even within the healthiest family systems, advisors to high net worth families have to balance competing agendas, challenging family dynamics and the preservation of wealth. If one member of a family “fails to thrive” or struggles with substance use or mental health issues, the remaining family members may experience intense emotions ranging from frustration, resentment … Continue reading