All articles by Bob Rosman

Family businesses and ESG transition

The focus on ESG (Environmental, Social and Governance) metrics as part of the management of a company is an important area of focus for all stakeholders in the business. As ESG metrics capture a wide variety of items (from CO2 emission targets to minority representation in leadership functions) it is important to combine an assessment of what is currently in place within the organisation with what would be the preference on all generations involved. When this overview is clear it is easier to measure the impact that the company is...

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ESG transition, family business, Leyster

Succession planning and business handovers: Handing over the baton

We have all seen the images of the Olympic athletes performing at the 4x400 meters relay at the games in Paris struggling with the handover of their baton in the final meters of their leg. Although slightly different this is how a leader of a Family or Founder Controlled Business might feel about the handover over of his business to the next generation. The tension before the big handover, the essence of timing, the meticulous preparation, but also the potential disappointment of dropping the baton in the full limelight with the finish in...

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Passing the baton, succession planning, family succession, transfer to next generation, business handover

Succession and Competitive edge: Two Challenges Keeping Family Business Leaders Awake

Among the many challenges you as leaders of Family and Founder Controlled Businesses (FFCB’s) face, succession and gaining or maintaining a competitive edge might be the ones keeping you awake. They may seriously impact the future of your business as well as the level of future involvement of the family and founders. Two issues that might keep family business leaders awake at night 1. Succession: transferring control of the company to the next generation The first item that will creep up higher on the agenda over time is how the family...

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Succession, Family business succession, transfer to next generation, competition