Does fair mean equal? My weekly perspective
It is not uncommon in a family business where the parents want to treat all siblings exactly the same, meaning that they each receive the same amount of “compensation” from the business. I
Read MorePosted by Michael Louie | Dec 11, 2022 | Succession Planning
It is not uncommon in a family business where the parents want to treat all siblings exactly the same, meaning that they each receive the same amount of “compensation” from the business. I
Read MorePosted by Michael Louie | Nov 27, 2022 | Family Legacy
…and so on. As the questions of why continue to get deeper, you gain a better understanding of the why. These answers, however, are not derived quickly. They can take deeper reflection and most importantly, time. Like a well prepared beef bourguignon, it takes a long time to simmer to enable all of the unique ingredients to meld into the delicious end state when it is served.
Read MorePosted by Michael Louie | Nov 13, 2022 | Family Legacy
This lovely poem was written by Mario de Andrade (San Paolo 1893-1945) Poet, novelist, essayist and musicologist. He was
one of the founders of Brazilian modernism.
Read MorePosted by Michael Louie | Oct 30, 2022 | Family Legacy
Having had some family members recently pass, I have found that the truly valuable non-monetary assets are either not easy to find or not readily available when your loved one has passed. These assets are “PRICELESS”.
Read MorePosted by Michael Louie | Jul 24, 2022 | Succession Planning
Governance, how decisions are made in the family enterprise Setting a governance policy for your family enterprise, that is clear, perceived as fair and most importantly communicated will go a long ways to helping your enterprise make effective and supported decisions. The communication piece around the decision making methodology (write it down) to all stakeholders […]
Read More
Recent Comments