While passing the torch of the CEO seat to the next generation is often the ideal path for many family enterprises, it is not always the right answer. In fact, the most loving and responsible act a family can perform for the next generation is precisely the decision to recruit a professional CEO.
In this episode of the LGA Lighthouse podcast, host Tim Yeung continues his two-part conversation with LGA co-founders Kelin Gersick and Ivan Lansberg. Building on their previous discussion about family systems, they dive into one of the most persistent and emotionally charged challenges in family enterprise: the Succession Conspiracy. They explore why succession is so frequently avoided and how to transform it from an individual struggle into a shared institutional process.
In this episode of the LGA Lighthouse podcast, host Tim Yeung kicks off a two-part conversation with family enterprise pioneers and LGA co-founders Ivan Lansberg and Kelin Gersick. They explore the practical power of conceptual models—not as academic concepts, but as essential tools for helping families make sense of the deep complexity inherent in multi-generational businesses.
Welcome to the April edition of LGA Insights for 2026!
In this Edition, our colleague Neus Feliu explores the transition of independent directors from a mere “governance milestone” to a source of true strategic impact.
We also share a reflective piece by Mika Mazor, who challenges the common perception of conflict within the family enterprise. While many families view tension as a threat to be avoided or suppressed, Mika argues that silence is often the more dangerous signal, one that masks deeper systemic vulnerabilities.
About one-quarter of our work relates to family philanthropy, most often as part of a complex family enterprise or family office.
Many families have decided to formalize a Family Office to serve the financial and professional needs of family members.
