A Journey of a Thousand Miles Begins with a Single Step:  Learning from 100 year family enterprises
Advising / Family Business / Family Enterprise / Governance / NextGen / Succession

A Journey of a Thousand Miles Begins with a Single Step: Learning from 100 year family enterprises

This issue is a précis of an August 2013 research paper by Dennis Jaffe entitled “Good Fortune: Building a Hundred Year Family Enterprise.” It includes a summary of some counterintuitive results as well as helpful suggestions for practitioners. A Journey of a Thousand Miles Begins with a Single Step:  Learning from 100 year family enterprises … Continue reading

Advising / Case Studies / Consulting / Education

Healthy Relationships Build Shareholder Value

This week’s article, “Healthy Relationships Build Shareholder Value,” explores five key concepts as a framework for developing multi-generational enterprises. Peter Begalla of Stetson University and Steve Lytle of Clearpath Family Advisors examine the role of inflection, vulnerability, context, education and reflection in creating shareholder value and provide important tips for professionals in the field. Healthy … Continue reading

Advising / Consulting / Family Business / Succession

Byte Up! Guest Blog from Boris Matijas

In this issue The Practitioner is pleased to have a blog by FFI member and member of the Practitioner Editorial Board, Boris Matijas. He comments on the transformation of the industrial era towards the information society, and the impact it has to the family businesses. Byte Up! By: Boris Matijas When Nicholas Negroponte, prophesied that, … Continue reading

King Lear’s Fool: The role of advisors
Advising / Consulting / Core Disciplines / Family Business / Family Enterprise / Governance / Law / Philanthropy / Succession / Wealth Management

King Lear’s Fool: The role of advisors

In his article, King Lear’s Fool—The role of advisors, Dean Fowler encourages collaboration among professionals, but also argues for the individual consultant to gain mastery in an area other than his or her field of origin. Mirroring the continuing micro-specialization of education, vocational training and post-graduate study in society, the field of family enterprise consulting … Continue reading

Advising / Consulting / Family Business / Succession

No Stone Unturned

“A quiet bias seems to exist among many family business consultants and advisors that keeping the business together, regardless of individual costs, is beneficial and should always be a primary goal.” This is an intriguing opening sentence from Michael Klein’s article, No Stone Unturned. Klein says that bias can also be shared by the family … Continue reading

Developing Next-Generation Leaders
NextGen / Succession / Trends in Family Enterprise

Developing Next-Generation Leaders

Guest Blogger: Andrew Keyt When preparing families for business succession planning,advisors often mistakenly narrow their focus to the single individual they deem most capable of running the business upon a CEO’s retirement. But to truly make sure families preserve their core values while maintaining strong corporate governance and sound strategic planning, advisors should make it their … Continue reading