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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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A Family Business Comes Of Age
Family businesses are the bedrock of economies but is there a 'tipping point' when the family business comes of age and needs to professionalise? Read More
Owners Need To Step Back
Morten Bennedsen takes a look at family business longevity, some of the challenges and the need for owners to step back. Read More
A Triple Requirement For Family Businesses
Within a more complex, global, competitive and uncertain environment, the modern family business faces a triple requirement: Competitive Imperative, Leadership Excellence and Efficient Governance. Read More
Protecting The Family Brand
Risk is a key challenge for any organisation and one aspect that family firms do struggle with is brand and reputation, especially when the family name is above the door. Read More
When Circumstances Take Control!
Running any business is not without its challenges but when circumstance takes charge, particularly in a family run business, the effects can ripple right through the business and the family in the business. Read More
Unpacking The Importance Of Legacy
Legacy is important to many family firms. Sian Steele from PwC shares an insight into why that is so and a deeper meaning than just the physical assets too. Read More