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?”
Over the past three decades, many business families have formed a Council. The oldest Councils have started asking “What do we do now?”
What have we learned about efficient (and less anxiety-raising) ways to apply the family’s human capital over time?
A very small part of the academic research on governance has taken into account family ownership and the special nature of family firm governance.
Only if they deliver services that provide comprehensive solutions.
The transfer of ownership is one of the most significant events in the life of a family business.
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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