Family leaders must have the courage and stamina to create an inclusive, participative, and results-driven culture in the family and business, supported by the right policies and systems. Such a foundation will set the stage for a family legacy which both sustains across multiple future generations, and grows along the way with each group driving growth and diversification and making its own mark.
Read articles published by LGA’s thought leaders in family business continuity and governance
“Moments of crisis can bring families together or they tear them apart – the choice is ultimately theirs…”
Why is it hard to find good successors? We believe that the root issues occur earlier in the lives of next-gen members, linked to the manner in which they experience their family’s wealth and legacy during adolescence and early adulthood.
Nicolas Hollanders explains what it means for family business owners to be engaged with the project.
In light of the many crises that haunt the daily news cycle, there is one segment of the corporate landscape that seems to be weathering the storm better than most: family businesses.
Tools for the next generation to approach the retirement conversation tactfully with patience, strategy and smarts.
Successful family enterprise leaders must tend both to the needs of the business and the family
This article presents a systematic review of the literature on the subject of family philanthropy.
We conceptualize two interrelated approaches to education: a deductive or “outside-in” approach.
Business families naturally invest in professionalizing their management group, often without realizing that their ownership group requires as much attention.