VIDEO
Fair does not mean equal in family business
It’s a common parent trap for family business owners. In their desire to be fair to all their children they try to treat them equally – and that can be a recipe for family disharmony and unintended consequences. Fair does not mean equal.
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BLOG | FAMILY DYNAMICS / GOVERNANCE
Fair does not ‘equal’ equal
This is one of the biggest problems in family business governance, where parents...
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BLOG | FAMILY DYNAMICS / GOVERNANCE
The Cousin Federation
It’s a common phenomenon around the world. Family businesses rise like a phoenix from the ashes, powered by an entrepreneur’s vision and passion to do something better than what existed, transition to the second generation who work to preserve the wealth, only to see the family business return to the ashes from which they rose three generations earlier.
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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 MoreWhere Family Businesses Come to Grow & Learn
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