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governance

April 15, 2009

The acid test of how well we have developed the human and intellectual capital in our families is how well we withstand crisis when it hits. Even in a wealthy family, the current economic downturn is being experienced as a potentially damaging force.

The acid test of how well we have developed the human and intellectual capital in our families is how well we withstand crisis when it hits. Even in a wealthy family, the current economic downturn is being experienced as a potentially damaging force.

The wealthy may have stronger financial resources, but challenges may arise in everything from heated arguments about current risk, to certain family members who have lost significant financial assets and short tempers in otherwise more reasonable family members.
 

March 12, 2009

As the ink dries on Bernie Madoff’s confession, it is worth pointing out that family businesses are better prepared to handle today’s business crisis than their non-family counterparts because they understand two critical ideas: the meaning of leadership and the importance of values.

As the ink dries on Bernie Madoff's confession, it is worth pointing out that family businesses are better prepared to handle today's business crisis than their non-family counterparts because they understand two critical ideas: the meaning of leadership and the importance of values.

July 1, 2008

Dr Peter May explains how a constitution can help ease the struggles that family businesses face in times of succession or destabilisation, and gives advice on how best a constitution can be developed

Dr Peter May explains how a constitution can help ease the struggles that family businesses face in times of succession or destabilisation, and gives advice on how best a constitution can be developed

June 30, 2008

The chairman of family-owned Banco Santander, Emilio Botín, has given a fascinating insight into how he runs one of the largest and most profitable banks in Europe.

The chairman of family-owned Banco Santander, Emilio Botín, has given a fascinating insight into how he runs one of the largest and most profitable banks in Europe. Botín (right), whose family have led the bank since 1857, took over from his father as president in 1986.

Describing the current credit crunch as "probably the most difficult times seen by a whole generation of bankers," Botin nevertheless predicted his company would exceed €10 billion in profit this year.

November 1, 2006

Family unity is one of the keys to continuity in a family business. As the family grows, specific policies must be implemented to ensure that family members who do not actually work in the company remain committed to the corporate project, reports Kristin Cappuyns

Kristin Cappuyns  is research associate of the Family Business Chair at IESE, Business School , Barcelona, Spain. She is an IFERA Board Member.

Family unity is one of the keys to continuity in a family business. As the family grows, specific policies must be implemented to ensure that family members who do not actually work in the company remain committed to the corporate project, reports Kristin Cappuyns

November 1, 2006

Many family businesses that made the decision to go public several decades ago have been disappointed. François de Visscher explains why, though a complex and risky path, going private could be for the long-term benefit of the business

François de Visscher  is founder and president of the family business consultancy de Visscher & Co. www.devisscher.com

Many family businesses that made the decision to go public several decades ago have been disappointed. François de Visscher explains why, though a complex and risky path, going private could be for the long-term benefit of the business

November 1, 2006

The constant pressure of meetings and deadlines make it easy for managers to hide in their corner office, suffering malignment from their staff. Open your office door and try and create a bit of morale on the shopfloor – you could be surprised by the results, reports John McKee

John Mckee is founder and president of BusinessSuccessCoach.net. www.BusinessSuccessCoach.net and www.BusinessWomanWeb.com. He is based in Denver, Colorado.

The constant pressure of meetings and deadlines make it easy for managers to hide in their corner office, suffering malignment from their staff. Open your office door and try and create a bit of morale on the shopfloor – you could be surprised by the results, reports John McKee

July 1, 2006

This year on 20-22 September in Cannes, the Family Business Network will create a private and confidential environment for family businesses to discuss key issues and live cases on the topic of ‘building success on talent’. Olivier de Richoufftz explains the FBN approach

Olivier de Richoufftz is executive director, FBN International, Switzerland.

This year on 20-22 September in Cannes, the Family Business Network will create a private and confidential environment for family businesses to discuss key issues and live cases on the topic of 'building success on talent'. Olivier de Richoufftz explains the FBN approach

May 1, 2006

As the family business expands it is not enough to rely on informal governance procedures. An official family governance structure will ensure business’ continuity – and could prevent another corporate scandal, says François de Visscher

François de Visscher  is founder and president of the family business consultancy de Visscher & Co. www.devisscher.com

As the family business expands it is not enough to rely on informal governance procedures. An official family governance structure will ensure business' continuity – and could prevent another corporate scandal, says François de Visscher

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