Transforming to a Family of Adults: A foundation for healthy generational transitions
NextGen

Transforming to a Family of Adults: A foundation for healthy generational transitions

Thanks to Sally Derstine, senior family business advisor with the Delaware Valley Family Business Center, for the following blog on “Transforming to a Family of Adults: A foundation for healthy generational transitions.” This is one of those useful pieces that can be used by advisors as conversation starters with their clients. Or by family business … Continue reading

How Are Family Businesses Having a Positive Impact on Society?
Issues in the Family Enterprise / Latest Thinking in the Field / NextGen

How Are Family Businesses Having a Positive Impact on Society?

Please enjoy this week’s blog on “How Are Family Businesses Having a Positive Impact on Society?” by Peter Englisch of the EY Global Family Business Center of Excellence. This blog is based on a longer study entitled Family Business Philanthropy: Creating lasting impact through values and legacy, visit ey.com/familybusiness for more information. How Are Family … Continue reading

The Challenge of Developing Next Generation Leadership Presence in a Family Business
Family Business / Leadership / NextGen

The Challenge of Developing Next Generation Leadership Presence in a Family Business

Thanks to Denise Federer for a new take on Next Gen leadership and how advisors can help adult children of business owners gain the respect and trust of company employees. The Challenge of Developing Next Generation Leadership Presence in a Family Business Establishing leadership presence is important at any business, but it’s magnified tenfold, if … Continue reading

Myths & Realities: Across cultures and across generations (III)
Behavioral Science / Family Business / Family Enterprise / Governance / Issues in the Family Enterprise / Leadership / Legacy / NextGen

Myths & Realities: Across cultures and across generations (III)

Thanks to this week’s contributors to the special series on “Myths & Realities: Across cultures and across generations” — Daphne McGuffin, Susan Rix, Maybeth Shaw and Edward van de Vijver for “As Family Business Advisors, Can We Separate the Myths from Realities?” and Guillermo Salazar for “Intergenerational Communication and Family Governance.” Yours in Practice, The Practitioner Continue reading

As Family Business Advisors, Can We Separate the Myths from Realities?
Behavioral Science / Family Business / Governance / Issues in the Family Enterprise / Leadership / Legacy / NextGen

As Family Business Advisors, Can We Separate the Myths from Realities?

If it’s true that family businesses are influenced by a variety of myths, how does this impact our ability to ensure that our clients can thrive in a competitive global landscape? While the global marketplace has created countless opportunities for family businesses to expand, these new operating conditions may have also created an environment where … Continue reading

Intergenerational Communication and Family Governance: Myths and realities
Behavioral Science / Family Business / Governance / Issues in the Family Enterprise / Leadership / Legacy / NextGen

Intergenerational Communication and Family Governance: Myths and realities

Myth 1: Avoiding talking about business at home generates healthy family relations. Reality: Lack of fluent communication among family members enhances the conflicts they face. Informal meetings (like the ones that are created around a dinner table) offer the proper mood many families need to go deeper in the conversation about their shared values, mission … Continue reading

Myths and Realities: Roles and their overlap
Family Business / Governance / Issues in the Family Enterprise / Leadership / NextGen

Myths and Realities: Roles and their overlap

The second in the August series on Myths and Realities: Roles and their overlap. Go here for Myths, Realities and the Family Office CFO’s Leap of Faith by Asher Noor, Chief Investment Officer and Group CFO with AlTouq Group in Saudi Arabia. Go here for Next Generation Leadership: Learning from the past and preparing for … Continue reading