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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.
Type of Business
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The tests of a prince
Future leaders, particularly in family businesses, must jump through four kinds of hoops to earn the respect—and then the support—of stakeholders.
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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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And when you finally reach the top…
What’s a new CEO’s biggest headache? Hint: It isn’t employees, suppliers or competitors.
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The Sale of Fel-Pro
How do you decide to sell a business that has been in the same family for three generations.
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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.
