Open, honest and clear communication is one of the most important hallmarks of a successful multigenerational family business. Family...

Let’s take a look at some of the emotional aspects associated with the growth of a family firm and the journey from the kitchen table to...

Excellent family governance has played a key part in successful family firms for generations, and there are three vital ingredients. Its...

Family business practitioners see the investigation of differentness family to family and detail to detail as the heart of today’s...

Family business practitioners see the investigation of differentness family to family and detail to detail as the heart of today’s...

Family charters are becoming increasingly popular. But what are they, and what can they do to enhance your business? There is an amount...

When we talk about the good practices of managing a family business, we refer to the layers of experience that have accumulated over the...

More than four decades ago, Billy “Mack” Jameson (a real character with a fictitious name), founded a modest grocery store in San Diego,...

Stewardship matters for successful and enduring family businesses. Stewardship is a defining hallmark of businesses that achieve...

“What do you mean we can’t pay dividends this year?” Elisa was incredulous. The board of the watch company she and her husband Mark had...

Stephen Bampfylde shares his insights and observations specifically focused on the role of the Board and its evolution in the time of...

Almost every family business that we have spoken to in recent weeks is being disrupted by the COVID-19 pandemic. Josh Baron and Ben...

The succession of a family-owned business is often on the minds of its owners. For most, the transition of a family business from one...

Establishing a governance framework for your family business can improve business performance and help satisfy the expectations of all...

A practical insight into some of the questions that need to be considered when creating a constitution. The best way to start creating a...

Families in business are unique. While similar to any public corporation competing in the market place, they are fundamentally different...

Over time a Family Constitution can gain such moral weight that contradiction becomes unthinkable. Bryony Cove and Sonal Shah of Farrer &...

Here, we examine the ownership role in a family owned business in Asia – not the management or leadership role but the impact of...

Instituting a family council can be a significantly positive step toward managing the business in a more rational and professional manner....

Social intelligence, a slippery concept that is nevertheless crucial to family business success. Your reputation is your biggest asset....