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.
We don’t pay enough attention to the effect of different ages and stages on people’s thinking and behaviours. This raises real issues when family members...
For those involved in the management of the family firm beware that staying true to your roots can foster inertia when innovation is most necessary....
The knee-jerk reaction of too many people in leadership positions when they feel wronged is righteous indignation and the urge for revenge. Forgiveness can make...
It’s a dilemma that faces family businesses all too frequently. We saw it recently when we worked with a $4 billion global manufacturing business in...
The Government’s Coronavirus Job Retention Scheme (CJRS) starts winding down with effect from 1 August when employers have to make an increasing contribution towards furloughed...