What Happens When the Next Generation Takes the Helm? After months of careful dialogue, the family had finally signed their first Family Charter. There were still questions, there always are, but the silence at the table had been replaced by something far more...
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....
The role of the board and the increasing challenges faced by directors are much talked about these days in the light of various high profile scandals, the effects of the pandemic, changes in working patterns, the increasing burden of regulation and economic...
We all know the phrase “rags to rags in three generations”. This cliché encapsulates the challenge for wealthy families in getting the next generation to engage with the family assets, whether they be a business, a property portfolio, an art collection or something...
