Tag: Family Business Consulting

Family Business Consultant or Coach: Which Do You Need?

Coaches help individual family members grow; consultants solve problems affecting the entire family business. Learn when to hire each and how they can work together. The family enterprise field has Read more

Multigenerational Consulting Teams Bring Wisdom and Fresh Insights

Many family businesses facing a leadership transition to the next generation turn to advisors to help them create a plan and work through their differences. Multigenerational advisory teams can help. Read more

Can a Family Business Consultant Really Help? Nine Experts Explain What Families Often Miss

Consultants often create their greatest value in ways families do not expect. They help families uncover what is really keeping them stuck, facilitate difficult conversations, coordinate with other Read more

New Family Business CEOs Must Claim the Seat, Not Just Inherit the Title

When a successor becomes CEO, the title may change overnight — but authority, identity, and trust do not. Next-generation leaders must act like the CEO before they feel like one. A successor takes Read more

Family Offices Are Booming—But Do They Actually Work?

Research still can’t clearly explain when they deliver real value. A review shows what we know, what we don’t, and how families can close the needs-to-services gap. EDITOR‘S NOTE: This article Read more

AI Adoption in Family Business: Balancing Trust and Tech

Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely. Artificial Read more

Business Families Must Get Real About Growth and Payouts

Sometimes the family grows much faster than the business, especially in saturated markets. This has deep implications for how we manage family and business expectations. When we talk to Read more

The Psychology of Effective Exit Planning: A Guide for Families and Advisors

Family firms can help the next generation move forward by understanding and supporting the emotional aspects of the exit for the current leader. Business advisors widely agree that the biggest Read more

The HERO Model: How Family Enterprise Leaders Can Accelerate Change

Hope, Efficacy, Resilience and Optimism can make us better people and better leaders. Here's how to cultivate it within ourselves. All leaders and advisors struggle with organizational change. How Read more

Family Firms Must Address Mental Health Challenges

Anxiety, depression, and other conditions disrupt business operations and strain relationships. Ignoring them won’t make them go away. In the world of family businesses, success often comes with a Read more