Blog
Insights, tools, and training straight from the team at Compass Point
BLOG | TRANSITION / SUCCESSION
Talking Business with Tom: Avoiding Next-Generation Stall-Out
Thousands of family businesses will change hands in the coming decade. Some will thrive across generations. Others will stall quietly, then disappear. The difference won’t be luck. It will be preparation.
Read Post
BLOG | FAMILY DYNAMICS / GOVERNANCE
Why Every Family Business Needs a Family Constitution (Even If You Think You Don’t)
When rules live only in people’s heads, every disagreement feels personal. The irony is that most of these disputes are completely avoidable. A Family Constitution is the key to creating commitment and strengthen culture.
Read Post
BLOG | LEADERSHIP
The Leadership Gap You Don’t See… Until It’s Too Late
Is your next generation ready to lead without risking family harmony or your legacy — or will you wait until it’s too late? Learn how to identify potential, build leadership skills, and prepare future leaders before the business demands it.
Read Post
BLOG | LEADERSHIP
Building Courage Muscles: What a Podcast Can Teach Us About Raising Risk-Takers
For generations, risk and courage were woven into daily life, but something has shifted. This isn’t just about raising brave kids; it’s about building a pipeline of entrepreneurial leaders.
Read Post
BLOG | STRATEGY
Strategic Planning: Work the Maze Backward
Strategic planning has a lot in common with a maze. Leaders face the dual challenge of too many options and lots of potential dead ends. So where does one begin? Having a child's curiosity is the key.
Read Post
BLOG | FAMILY DYNAMICS / GOVERNANCE
A New Chapter
The beginning of a new chapter – one where family and business are not simply overlapping circles, but one interconnected, living story. Now, holding my own son in my arms, I see just how extraordinary this journey is.
Read Post
BLOG | TRANSITION / SUCCESSION
The Cost of Holding On Too Long in a Family Business
Many owners believe they’re doing what’s best by staying at the center of decision-making, but this approach often creates instability and risk. Delaying family business succession planning can have serious consequences – not only for the business, but for the family relationships and legacy, too.
Read Post
BLOG | TRANSITION / SUCCESSION
Family Business or Game of Thrones
You’ve built the kingdom – brick by brick, deal by deal, risk by risk. Now you’re seated at the head of the table, with years of sacrifice behind you. And all eyes are on what happens next. But it's not clear who will take over. Not clear who wants to lead. Not clear who is ready. Let the games begin...
Read Post
BLOG | FAMILY DYNAMICS / GOVERNANCE
NextGen. First Year. What I’ve Learned (So Far)
This time last year, I officially joined the Compass Point team – not just as a family member cheering from the sidelines, but as a full-fledged part of the crew. Since then, I’ve learned more than I ever expected…
Read Post
BLOG | LEADERSHIP
Strategy Alone Doesn’t Drive Growth – People Do.
Why do so many companies pour time and effort into creating thoughtful, ambitious strategies only to feel like they’re spinning their wheels? More often than not, it comes down to a leadership gap.
Read Post
BLOG | TRANSITION / SUCCESSION
Bridging Generations: Governance and Communication Ensures Long-Term Family Business Success
Working in a family can be a rollercoaster experience. It’s rewarding, exciting, and filled with purpose – but it can also get complicated, emotional, and stressful. This is why establishing proper governance in a family business is essential. Without it, the lines between family and business can blur, causing confusion, resentment, and ultimately dysfunction.
Read Post
BLOG | LEADERSHIP
The Multiplier That Makes Businesses Grow
If your leadership team isn’t strong, aligned, and equipped with the right tools, how can they bring your strategy to life? The short answer: they can’t. But the good news? You can change that with this critical ingredient.
Read PostWhere 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.