Death, as inevitable as taxes. Live without regrets. As I am now fully entrenched in middle age, not only are my peers’ parents passing. Also some of my peers have passed. In my view, they were too young to go. You run the family enterprise. Some knowledge only possessed by you may accompany you to […]
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story telling has three purposes:- to pass on the family/cultural history through stories- to actually experience listening to the stories between the generations, and- to lead the family by telling the stories, the process of telling the stories being equally important as the stories themselves.
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Many times, I have seen family disputes arise, over money. Often at the peril of family unity. Why does this happen? Hurt feelings, love being equated to money, power and most commonly some prior and as yet unresolved family dispute. First off, fair does not mean equal. Read more here: An article on this topic The […]
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Some thoughts about what may cause a succession plan to bog down or even worse, stop completely… If your succession plan has stalled, there are definitely some remedies to help to get you back on track. Remember, succession is not an end in itself; it is all about the journey. Here are some of the […]
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Family meetings, why? Leading practice for family enterprises is to hold meetings with the family owner members on a regular basis. The foundation of a family is its shared values and history. The family meetings can be a forum to enable the family to define and communicate its shared values and provides a forum to […]
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