Lots of things come in threes. In spiritual life, there is the Holy Trinity. Successful sports teams boast of pursuing a “three-peat.” The triangle is an object of almost mystical solidity and permanence. I want…
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Few businesses can operate successfully without someone sitting in the CEO’s chair, and yet it is not uncommon for a family enterprise to find itself unexpectedly without a chief executive. The office may become suddenly vacant…
Succession planning is not as simple as handing the company to the next child in line. To insure that the family business successfully continues past the first generation it requires careful planning and intentional planning….
One of the most unique qualities of a family business is the way corporate leadership and successors are chosen. Unfortunately, too many family leaders do little more than check to see whether the last name…