Family businesses, a unique blend of family ties and business acumen, face a complex challenge: succession. This intricate dance is fraught with emotions and high stakes, as it determines the…
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You probably understand the importance of identifying, training and preparing the next generation to run the business. But what if a successor isn’t an option? What if it makes more sense to sell the business?
Navigating the Future: The Importance of Succession Planning Succession planning is a vital strategy for businesses of all sizes, ensuring a seamless transition in leadership and ownership. It's not just...
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Companies must stay ahead of trends in the ever-changing business environment, understand employee motivations, and maintain their competitive edge. While before major global events, the U.S. saw a steady employee...
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In the intricate ballet of family-run businesses, the dance of succession is one filled with complex emotions and high stakes. These businesses stand apart, as they must harmonize the delicate…
A founder’s vision of family business succession often goes something like this: install the first-born son down the hall with a title such as senior vice president and have him…
Navigating the intricacies of a family business is akin to steering a ship through unpredictable waters. While we often associate transitions with major life events like graduations, marriages, and career...
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2020 found families and businesses under pressure, stress and in the middle of the COVID crisis. For many family businesses this called attention to the structural damage or holes that were hidden inside the organization, leadership or family.
Jared Kushner’s path to the White House has been cleared by a Justice Department opinion allowing him to work alongside father-in-law President Donald Trump without violating federal anti-nepotism laws. While…
Ivanka Trump is famous for her role as an adviser to her father Donald Trump on, “The Celebrity Apprentice,” as well as her career as a fashion model, but she…