Succession Planning: The Impact of Skipping a Generation
Dec 12. 2019 Some family offices choose a succession-planning path that skips a generation entirely, transferring wealth and business assets from grandparent to grandchild. While it isn’t common, there can be several reasons why. Take the case of a Canadian couple that man...
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Succession Planning: The Impact of Skipping a Generation
Dec 12. 2019 Some family offices choose a succession-planning path that skips a generation entirely, transferring wealth and business assets from grandparent to grandchild. While it isn’t common, there can be several reasons why.
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These Family Business Successors Have Built Businesses Bigger than Their Inheritances
Bernard Arnault, Chairman and chief executive of LVMH Moët Hennessy Nov 14. 2019 For most family businesses, wealth preservation is a key focus of a succession plan. But some successors go far beyond simply preserving their family’s wealth. These ...
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These Family Business Successors Have Built Businesses Bigger than Their Inheritances
Nov 14. 2019 For most family businesses, wealth preservation is a key focus of a succession plan. But some successors go far beyond simply preserving their family’s wealth. These entrepreneurial next-gen leaders use their family’s assets as a launch pad to create a much larger legacy.
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The Complicated Dynamics of Firing Relatives from a Family Business
Oct 30. 2019 Layoffs and workforce restructuring are commonplace across corporate America. However, the dynamics of letting an employee go are fundamentally altered when the company is a family business and the employee a family member. “She couldn’t get to work o...
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The Complicated Dynamics of Firing Relatives from a Family Business
Oct 30. 2019 Layoffs and workforce restructuring are commonplace across corporate America. However, the dynamics of letting an employee go are fundamentally altered when the company is a family business and the employee a family member.
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Can Search Funds Ease the Family Business Succession Crisis?
Sept 5. 2019 Family businesses and family offices face an impending succession crisis. Entrepreneurs without children or those who’ve been unable to convince the next-generation to take up the reins are left with no ...
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Can Search Funds Ease the Family Business Succession Crisis?
Sept 5. 2019
Family businesses and family offices face an impending succession crisis. Entrepreneurs without children or those who’ve been unable to convince the next-generation to take up the reins are left with no obvious successor in place.
Universities Aim to Educate Family Offices on Grooming Next-Gen Leaders
Professor Lauren Cohen, Lauren Cohen, L.E. Simmons Professor in the Finance & Entrepreneurial Management Units at Harvard Business School Aug 28. 2019 Universities are increasingly targeting next-generation leader...
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Universities Aim to Educate Family Offices on Grooming Next-Gen Leaders
Aug 28. 2019
Universities are increasingly targeting next-generation leaders at family offices and family businesses. A slew of professional courses offered by prestigious institutions aim to plug the widening succession gap in family enterprises.
