Family Dynamics / Governance Archives - Compass Point Skip to main content

Family Dynamics / Governance

Diagram showing the Impact of Ownership on the Family Business System in a diagram type image

BLOG | FAMILY DYNAMICS / GOVERNANCE

The Many Facets of Ownership

In 1978 the 2-circle illustration of family business evolved when Harvard business professor Renato Tagiuri and then-graduate student John Davis added a third circle – Ownership – to better account for the distinct groups that existed in a family business. With the addition of Ownership, the 3-circle model more accurately captured the seven facets of ownership.

Read Post

BLOG | FAMILY DYNAMICS / GOVERNANCE

A Strong Family Business Isn’t Perfect.

Running a family business is a lot like any other business. There are sales goals to meet, market trends to monitor, supply chains to navigate, stakeholders’ expectations to manage and people to hire, fire and develop. Pretty much the same… UNTIL you add FAMILY. And then, there are family dynamics to consider as you chart your business's course and build a strong family business.

Read Post
need-a-strategic-plan-for-your-family-business

BLOG | EXECUTION

Charting Your Course versus Any Wind Will Do

One of the biggest barriers to family business growth is the lack of a written strategic plan. Why written? Because research shows when you write down your goals, you are 42% more likely to achieve the desired results. Who doesn’t want those odds on their side?

Read Post
Rising-Tide-Lifts-All-Boats-High-Center-Lehigh-Valley-1200-Social (002)

BLOG | FAMILY DYNAMICS / GOVERNANCE

Family Business Consultants: The Rising Tide That Lifts All Boats

Family business leaders face tremendous stress as they deal with all the challenges of business, and also the inherent intertwining of business, family, and ownership. It can get messy. Family dynamics bubble over with varied perspectives, generational differences, and tenuous relationships. It’s hard to be united when there seems to be a steady flow of drama, conflict, and disharmony.

Read Post
5Ds Recap Composite Image-web-email (1)

BLOG | FAMILY DYNAMICS / GOVERNANCE

The 5Ds of Life: Cliff Notes & Challenge

Over the last few months, I have shared blogs about the 5Ds of Life – five life events that can derail your...

Read Post
Matthew-Baran-Disagreements-in-Family-Business-1200

BLOG | FAMILY DYNAMICS / GOVERNANCE

Family Disagreements

When disagreements happen in a family business, they can have devastating life-long effects on the family, the business and the employees.

Read Post
Most Limiting Word - 1200

BLOG | FAMILY DYNAMICS / GOVERNANCE

The Most Limiting Word

Words matter. Because we become what we think about. And words are an outcome of our thoughts, consciously or subconsciously...

Read Post
embeddable_c030a715-9f58-4c87-95bf-b718bbb5be04

BLOG | FAMILY DYNAMICS / GOVERNANCE

Don’t Lose the House

Why did I leave a comfortable position in higher education to help family businesses grow, thrive, and create legacies? Here’s a little look behind the curtain.

Read Post
Distress_600Web

BLOG | FAMILY DYNAMICS / GOVERNANCE

Distress on the highway of life & business

While the internal impact of distress is both financial and emotional, the...

Read Post
Inconvenience_Web600 (1)

BLOG | FAMILY DYNAMICS / GOVERNANCE

Inconvenience vs Problem – Learn the Difference

Life is full of inconveniences. Life can be full of problems, too. There is a difference. A striking difference...

Read Post
Matthew January Blog

BLOG | FAMILY DYNAMICS / GOVERNANCE

Love, Marriage & Family Business

Read Post
Finding Happiness

BLOG | FAMILY DYNAMICS / GOVERNANCE

Finding Happiness. Stop Looking Out There.

These last two years of the pandemic have not been easy on the human psyche. For many, our physical health...

Read Post

Where Family Businesses Come to Grow & Learn

At Compass Point, we make it easy to get insights, training, tools, and articles straight to your inbox and help family business owners and their team continue to grow, learn, and lead.