Constituencies – Part 3
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Constituencies – Part 3

The third in a series of articles and commentaries on Constituencies in Family Enterprise. “Representing Family Constituencies: The role of the family council” by Sylvia Shepherd “Family Philanthropy: The glue but not the panacea” by Maya Prabhu “A discussion of collaborative procurement:” an interview with Adi Divgi “Harnessing Family Talent: Human resources planning and communication … Continue reading

Representing Family Constituencies: The role of the family council
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Representing Family Constituencies: The role of the family council

I am a fifth generation owner of a 165 year-old manufacturing business based in the Midwest. I have been involved in our family governance system since its founding 10 years ago, serving as the family council chair for the past four years. There are 135 family shareholders who own about 97% of the company stock, … Continue reading

Family Philanthropy: The glue but not the panacea!
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Family Philanthropy: The glue but not the panacea!

A joy … In many countries where we work with family enterprises, there is a long history of family philanthropy and its legacy is significant. Giving as a family can be especially rewarding. When done well, it can bring the family closer together by articulating shared values, instilling an even greater sense of pride and … Continue reading

Interview with Adi Divgi on collaborative procurement
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Interview with Adi Divgi on collaborative procurement

The third feature this week is an audio interview with Adi Divgi on the topic of “collaborative procurement.” Adi is the president of EA Global – a single family office created in 2005. Interviewed by Practitioner editorial committee member, Kirby Rosplock.   About the contributor: Adi Divgi is the president of EA Global – a … Continue reading

Harnessing Family Talent: Human resources planning and communication during family business transition
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Harnessing Family Talent: Human resources planning and communication during family business transition

MarchFifteen is a firm made up of industrial psychologists and myself, a business/executive coach with experience in organizational development. We frequently work with family enterprises on the human resource side of the transition process — and offer this brief article as a model for other advisors and consultants to consider. To begin the human resource … Continue reading

Constituencies – Part 2
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Constituencies – Part 2

The second in an August series on “Constituencies in Family Enterprise,” this issue features two articles with differing opinions on the values of interdisciplinary teams. Go here for Barbara Dartt’s article, “Game On – All together now!” Barbara Dartt is a founding partner of GROW: The Family Business Advisors. Go here for Wayne Rivers’ article, … Continue reading

Game On – All together now!
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Game On – All together now!

Here in the United States, the National Basketball Association (NBA) Finals ended in June. The Finals are a best of seven series and the San Antonio Spurs won in five games, three of which were lopsided. The Finals were a blowout! A drubbing! And they were a solid example of how team play overcame individual … Continue reading

Game On – No contest!
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Game On – No contest!

The concept of multidisciplinary teams has been around for as long as I can remember, and teams can certainly produce great results for family companies in the right circumstances. However, in 25 years and with hundreds of consultations, I have found that multidisciplinary teams rarely work well. The following is a brief analysis of why … Continue reading

Constituencies – Part 1
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Constituencies – Part 1

This is the first in a series of four special issues on the theme of Constituencies. For this series the term constituencies will be used to represent the various groups or bodies that are engaged in, utilize, or are served by an organization or institution. Family enterprise systems have constituencies both inside and outside their … Continue reading

Constituents: Outside Assistance – Who needs it? And when?
Advising / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Constituents: Outside Assistance – Who needs it? And when?

An interview with Jesús Casado Navarro-Rubio, secretary general of European Family Businesses (EFB) and joint CEO at Family Business Institute in Spain. Matijas: How do the institutions such as European Family Business help family business to achieve better policy and legal framework to support their long-term continuity? Casado: EFB, with the support of its national … Continue reading