Should owners be entitled to work in the family enterprise? – my weekly blog

Should owners be entitled to work in the family enterprise? I have purposely used the word “entitled”. In my value system, a person just by being born into the right family should not necessarily be entitled to all that they … Continue reading

Strategy, playing the long game – my weekly perspective

I have been reflecting since the beginning of the year on my business. Some brief thoughts you may consider for your family enterprise planning for 2018. 1. Operations and day to day – check 2. Short term profitability and business … Continue reading

Successful cousin consortiums – my weekly perspective

What stage is your family at in your family business? Have you addressed the unique set of dynamics that are at play in your business at this time? You should consider which stage you are at in the business in … Continue reading

Planning, what is your time horizon? – my weekly perspective

Building a business and running a business can be considered as two separate objectives.  Running a business can be all consuming, taking all of the available time in your day.  An integral part of succession planning’s goal is to build … Continue reading

14 centuries for a family business – my weekly perspective

The world’s oldest continuously operating family business ended its impressive run last year. Japanese temple builder Kongo Gumi, in operation under the founders’ descendants since 578, succumbed to excess debt and an unfavorable business climate in 2006. How do you … Continue reading

Wealth and responsibility, philanthropy? – my weekly blog

For the successful family, at what age is it appropriate to teach your children about your family’s wealth, and more importantly, the responsibility that such wealth carries with it? My view, is you start the process at as early an … Continue reading