Too often, consultants to family enterprise take the same approach used when serving the C-suite of a Fortune 500 firm.
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 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".
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.
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.
Daughters raised in family businesses in the Millennial generation are increasingly seeking the opportunity to be leaders at work and within their communities.
The Kingdom of Saudi Arabia is a “closed” country: a visa is needed to enter, and they are not easily granted.