How to Create a Family Transition Plan? It all starts with agreeing on who is family. Transitioning leadership or ownership to the next generation—whether in a family business, a foundation, or through estate planning—requires far more than legal and financial...
How Can Families Talk About the Future — Before It’s Too Late? At the large oak table, three generations had gathered. The conversation was warm — stories, laughter, the grandchildren’s noise. But when the subject of the company came up, a polite silence fell. The...
Perpetuity through Principles Family businesses are shaped by two intertwined perspectives. On one hand, they focus on products, markets, strategies, and revenue. On the other hand, they carry the weight of relationships, traditions, and unspoken expectations....
How can a family best structure its affairs? Setting up a family holding structure requires: careful planning to balance control, governance, asset protection, and flexibility. The structure should be well-established, tested over time, and allow family members to...
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...
