Tag: family business advice

Why Enterprising Families Need a Code of Conduct

As Prince Andrew showed, one person’s behavior can become everyone's problem. Families must set expectations, outline processes, and provide clarity before emotions take over. In late 2025, King Read more

Will Your Family Brand Survive New Leadership?

As trillions in family-owned companies shift to next-generation leaders, one critical asset is being ignored: the brand. Here’s why brand value—often nearly 20% of enterprise worth—erodes Read more

From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms

Rather than being inherited like family heirlooms, values are shaped and re-shaped by interactions between the generations at the family firm. EDITOR‘S NOTE: This article was produced in Read more

Your Investment Strategy Should Reflect Your Family Values and Goals

A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. As business-owning families move beyond a Read more

Families Can Overcome Generational Conflicts Over Technology

A study of Italian firms shows how differences can be resolved, so the company can honor tradition and still make progress. EDITOR‘S NOTE: This article was produced in partnership with the Journal Read more

Define Your Legacy, and Strengthen Your Business and Your Impact

Unless you clearly state what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended. EDITOR‘S NOTE: This article was produced in Read more

The World is Changing Faster Than Your Strategy

Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty. Read more

Listening to the Family: The Strategic Value of Surveys

Surveys can reveal differing perspectives, surface hidden tensions, and – when done well – build trust, and serve as an educational opportunity. From the boardroom to the family meeting, a Read more

Planning Succession? These 10 Decisions Are Critical

Succession is not a single choice -- It is a chain of choices that interlock and compound. Avoiding any one of them will create friction or ambiguity. Succession is the defining challenge of the Read more

Family Ownership Can Undermine Financial Health

However, those who invested more in R&D and operated in countries with strong and supportive institutions enjoyed better market capitalizations. EDITOR’S NOTE: This article was produced in Read more