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Advising & Consulting

As the family enterprise profession evolves, authors offer empircal insights and examples for colleagues to use in their practices; examples of tools and assessments are included.

This week, FFI Practitioner is pleased to continue our series of articles by presenters at the virtual 2020 FFI Global Conference, October 26-28.

This week, we are pleased to share a curated selection of FFI Practitioner editions focusing on the impacts of disruption and adaptation on family enterprises. These articles can serve as examples and tools to incorporate into consulting and educational work with clients, particularly as the COVID-19 crisis continues.

Thanks to Michael Madera for this article discussing three wise moves to help your family enterprise clients understand and respond to external crises.

Thanks to Doug Gray for his article on VIA Classification assessment tools, which can help family enterprise practitioners think differently about their clients’ family system.

During times of disruption, how can family enterprise advisors help their clients navigate unchartered waters to survive turbulence and prepare for an unpredictable future?

Thanks to Greg McCann for this week’s article discussing some widely held notions about professional coaching and how family enterprise leaders and advisors can maximize their leadership development through effective coaching.

This week, we are pleased to share a family business case illustrating how Firmenich, the world’s largest privately-owned perfume and taste company, has utilized their concentrated family ownership and governance model to navigate worldwide crises.

In the midst of the Covid-19 pandemic, family enterprise advisors have been forced to evolve their practices to adapt to working remotely with their clients.

Do your family business clients devote more time to fixing problems than to preventing them?

For this week’s edition, we are pleased to continue our series featuring a diverse selection of family business cases previously published in FFI Practitioner.

For advisors working with family business clients operating across multiple countries, it is important to keep informed about jurisdictional differences and how they could impact your clients.

This week, FFI Practitioner explores the evolving topic of the role of women in family businesses. Thank you to this week’s contributor, Patricia Annino, for her article, which is based on her presentation at the 2019 Global Conference.

According to Mark Twain, “The secret of getting ahead is getting started.” In that light, we are pleased to share an article by Rochelle Mendelsohn that explores the reasons why family enterprises without a strategic plan should consider developing their first and outlines seven tips for advisors working with these organizations throughout the process.

Thanks to Guillermo Salazar, a member of the FFI IberoAmercian Virtual Study Group, for this article reflecting on the value of utilizing Family Diagrams in his consulting work with families over the years.

This week, we are pleased to share an article by Bilal Zein examining the topic of risk management in family enterprises.

Thanks to this week’s contributor, Steve Legler, for highlighting key concepts in his recently released book, Interdependent Wealth: How Family Systems Theory Illuminates Successful Intergenerational Wealth Transitions, on relationships between family wealth and family systems theory.

In this week’s edition, we are pleased to feature a selection of family business cases published in FFI Practitioner earlier this year. These cases can serve as effective tools to incorporate in consulting and educational work with clients and further the FFI Practitioner mission to provide readers with practical materials that support their work with multi-generational family enterprises.

Thank you to this week’s contributor, Gibb Dyer, for sharing insights he’s acquired during his thirty-five years as a family business consultant. We hope you enjoy this week’s FFI Practitioner in which the authors identifies five factors that assist family enterprises to grow and transfer their family capital to the next generation.

Thank you to this week’s contributor, Patricia Angus, who continues our series of FFI Practitioner articles written by members of the Editorial Committee. In this edition, Patricia examines what it truly means to be a “Practitioner” and the impact of ongoing practice when working with family enterprise clients.

This week’s FFI Practitioner dives into risky individual behavior within the family enterprise which, if ignored, can impact the performance of the business and the unity of the family. Thank you to Elizabeth Bagger, director general of the Institute for Family Business, for her examination of the topic and explaining how helping individuals become aware of this behavior can transform their story into their greatest asset.