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Life is just messy. Accept it. Better yet – prepare for it. Because every 1 out of 2 owners reading these words WILL NOT transition their business on their terms. That’s not just messy… that is downright scary. Are you prepared for those odds?


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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.

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CLIENT STORIES

Ensuring the business scales for the next generation

The business was doing well, but all major leadership roles were held by owners, with no active plan to groom their replacements. Learn how Compass Point helped them create the best governance plan for all generations.

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BLOG | NEXT CHAPTER

How tied to the business is your identity?

Business owners picture this…you are walking through a crowd of unfamiliar faces, people you’ve never met before...

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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.