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Not only does management involve the day-to-day operations, there is also need to consider the relationship of the business with the family and to build the necessary frameworks to enable management to operate effectively.
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Managing Family Reputation
Reputational risk is a key concern for many family firms. Alistair Morgan explains some of the considerations as to how families can manage their reputations. Read More
Rewarding The Family 'Sweat Equity'
Dealing with the question of fair remuneration for family members... Read More
From Kitchen Table To The Boardroom
David Harland explores some of the emotional aspects associated with the growth of a family firm and the journey from the kitchen table to the boardroom table. Read More
Family Business Leadership Styles
Which of the three 'paternalistic leadership styles' works WORST for family firms? Read More
Overcoming Barriers To Success In Your Family Business
Let’s talk about some of the common obstacles that arise in family businesses. Read More
The Family Council
Instituting a family council can be a significantly positive step toward managing the business in a more rational and professional manner. Read More