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Practitioner Perspectives
Competition vs. Collaboration
Hear from Founding Women panelist Charlotte Beyer, founder of the Institute for Private Investors, author of Wealth Management Unwrapped, and President of Principle Quest Foundation, about the tension—and synergy—between competition and collaboration.
Practitioner Perspectives
What is wealth?
A hot topic in family firm research today is socio-emotional wealth. Studies are focused on the reality that families look for more than financial returns from their business.
Practitioner Perspectives
How did wealth management work in the past?
In this video, Kathryn McCarthy, advisor to families and family offices, provides historical context on how private wealth management worked 30 years ago.
Practitioner Perspectives
Failure To Launch (Part 2): Steps To Help Dependent Adult Children In Family Business
In this article, as a lawyer who has worked closely with family businesses, I offer seven suggestions to consider for families who are struggling with an adult child who works at the company and has not yet launched.
Practitioner Perspectives
Failure To Launch: How Dependent Adult Children Impact The Family Business
Family business owners and their advisors spend a lot of time and money seeking to optimize business performance and family relationships. Many useful tools have been developed over the years, including generally accepted “best practices,” such as employment, compensation and succession plans.
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Practitioner Perspectives
Failure To Launch: How Dependent Adult Children Impact The Family Business
Family business owners and their advisors spend a lot of time and money seeking to optimize business performance and family relationships. Many useful tools have been developed over the years, including generally accepted “best practices,” such as employment, compensation and succession plans.
Family, Practitioner Perspectives
The Heart of a Community: A Small Business
I’ve got a special place near my heart for Dan & Whit’s general store in Norwich, Vermont.
Ownership, Practitioner Perspectives
The Owner’s Journey
Entrepreneurship in the United States continues to be a major path to wealth creation for individuals and their families.
Governance, Leadership, Practitioner Perspectives, Research Findings
Life After an Exit: How Entrepreneurs Transition to the Next Stage
Entrepreneurs are different from other people. Their talent lies in imagining a new solution or a fresh approach that gives the world something it may not have even realized it needed. Building a successful enterprise from start-up to sustained profitability demands total immersion.
Finance, Practitioner Perspectives
Women’s Entrepreneurial Journeys
During the last 50 years, the number and scope of women-owned businesses have risen at a virtually unprecedented rate
Family, Practitioner Perspectives
Growing up Green: 7 Keys to Nurturing Worthy Successors in Families of Wealth
‘I’m not sure they’re ready yet.’ Over the last few years, we have become accustomed to hearing this complaint, or others like it, from family business leaders, anxious about who from the next generation will follow in their footsteps as stewards.
Consulting, Ownership, Practitioner Perspectives
Do Most Family Businesses Really Fail by the Third Generation?
Most articles or speeches about family businesses start with some version of the “three-generation rule,” which suggests that most don’t survive beyond three generations.
Leadership, Ownership, Practitioner Perspectives, Research Findings
Sustainable Growth Drivers for Family Enterprises
In collaboration with the Columbia Global Center Nairobi, Kenya, Patricia M. Angus, Adjunct Professor and Managing Director, Global Family Enterprise Program, joined a panel of experts to explore how family businesses in Africa are evolving as sustainable growth drivers.
Family, Management, Ownership, Practitioner Perspectives, Strategy
How to Build and Sustain a Successful, Enduring Enterprise
The HBR Family Business Handbook brings sophisticated guidance and practical advice from family business experts Josh Baron, adjunct professor, Columbia Business School, and Rob Lachenauer.