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Demographics and Family Governance: The Vanishing Middle
Many family businesses have a problem with recruitment into governance roles, and the family labor pool is a critical issue.
Family Office
Every LGA article represents the authentic insights, strategies, and first-hand experience of our global advisory team. Client scenarios are drawn from actual advisory engagements and anonymized to protect confidentiality. Furthermore, each article undergoes rigorous internal peer review to capture our collective wisdom and deliver actionable strategies for enterprising families committed to multigenerational success.
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The dilemma of the mature family council
Over the past three decades, many business families have formed a Council. The oldest Councils have started asking “What do we do now?”
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Governing the Family Enterprise
A very small part of the academic research on governance has taken into account family ownership and the special nature of family firm governance.
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Should private banks be in the family-business business?
Only if they deliver services that provide comprehensive solutions.
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Preparing for transfer of ownership
The transfer of ownership is one of the most significant events in the life of a family business.
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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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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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How the world is/isn’t changing
Three Obvious Assumptions about family businesses in the new millennium that are probably not true.
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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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