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Why It Took Me Three Years to Finish HBO’s Succession and What It Teaches Us About How Not to Run a Family Enterprise

-Articles, Agreements, Conflict, Engagement, Family Business, Leadership, Leadership, Processes, Strategy, Succession, Values, Vision /

I tried to watch the award-winning HBO series on numerous occasions, stopping repeatedly, not because it wasn’t brilliant, but because it was brutal. The cynicism, humiliation, and constant power games felt too extreme. For anyone working closely with multi-generational family enterprises, this world of perpetual chaos and zero-sum power felt not only far removed from our reality, but was also a painful mirror reflecting everything that causes a family enterprise to fail.

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LGA Insights – October 2025

Newsletter /

In this edition, you’ll find a fresh perspective on the “three circles” from Nate Hamilton, who introduces a powerful metaphor of the Enterprising Family Tree, visualizing how Family, Ownership and Business systems are all inextricably linked.

We also feature the latest insights from Fernanda Jaramillo and Gustavo Carvajal who examine the critical role of the Board Chair in a family enterprise.

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The Enterprising Family Tree: Nurturing Your Roots for Lasting Growth

-Articles, Education, Engagement, Governance, Leadership, Processes, Structures /

Envisioning the family enterprise as a tree allows us to better understand the practical hierarchy at play: the roots represent the foundational family dynamics, the strong trunk embodies the ownership structure, and the expansive canopy symbolizes the diverse business ventures. This visual framework brings new clarity to the dynamic interplay of roles, responsibilities, and priorities across all facets of the family’s enterprise.

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