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The “Forgotten” Generation of Family Businesses
What have we learned about efficient (and less anxiety-raising) ways to apply the family’s human capital over time?
Conflict
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Mentoring the next generation
The next generation of mentors – parents, uncles, aunts, grandparents, senior business leaders and advisors – play an important role in guiding the next generation of family members.
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Narcissism: The hidden cost of success
The grand qualities of a founder can lead to rigidity in the business and undermine competence in successors.
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Is the family business still right for me?
You’ve reached mid-life. Doubts arise about your commitment to the business. Five key questions will help you clarify your career goals.
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Beware developmental illiteracy
Families pay a high price for not understanding that individuals grapple with different issues at different ages.
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Ready, fire, aim over the internet
E-mail has proved to be an appealing medium in family businesses, but some types of messages can backfire.
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Succession Journeys
With statistics indicating that an unprecedented number of family businesses will be changing hands in the next decade.
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Independent directors in the middle
Whether they like it or not, outside directors on a family board often confront and must deal with succession issues.
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Why families don’t empower leaders
Reluctance to grant authority to siblings and cousins can paralyze the best-designed governance structures.
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High flyers on the small screen
Sex! Scandal! Crime! Money! Good guys and bad guys and plenty of conflict between them.