Leading a family business to success is not as simple as relying on personal leadership skills.
It’s also about making preparations for the future, ensuring your business and the family work together to run smoothly, and cultivating strong family business leaders for today and tomorrow. With a dedicated and methodical approach, family business leaders can build a legacy, put in place effective governance policies and transfer the business to the next generation with confidence.
In this section, we explore the concepts of building your family and family business legacies, developing leaders for the future of your family business, ensuring your business has the governance policies that it needs in place to run smoothly, and the all-important task of making sure your business transitions successfully to the next generation of ownership.
Here we provide guidance and tips for helping to ensure that your family business and the wealth it has generated lives on for generations.
In this section, we discuss the importance of developing and surrounding yourself with a team of great leaders who can drive strategic growth for your family business.
Our governance articles emphasize the importance of developing governance practices that will take the guesswork out of running your business and build employees’ and investors’ confidence in your business.
This section discusses the various steps your family can take to ensure the transition – or sale – of your family business from the current generation is one that works for you and all the members of your family.