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Governance

Global principals and the next generation are slowly taking steps to ensure the family fortune lives beyond its founder, but there’s still work to be done. We find out why failing to plan for succession is planning to fail.

Global principals and the next generation are slowly taking steps to ensure the family fortune lives beyond its founder, but there’s still work to be done. We find out why failing to plan for succession is planning to fail. 

When your country is only 45 years old, it makes sense many businesses based there are young too. So succession is an issue which plays on the minds of many family business heads in the United Arab Emirates, as they enter the throes of the first generational transition. James Beech and Alexandra Newlove report

When your country is only 45 years old, it makes sense many businesses based there are young too. So succession is an issue which plays on the minds of many family business heads in the United Arab Emirates, as they enter the throes of the first generational transition. James Beech and Alexandra Newlove report

This has been the debate here—how to convince elder patriarchs that succession planning will fit with their life and afterlife

This has been the debate here—how to convince elder patriarchs that succession planning will fit with their life and afterlife. When they reach their 70s or 80s, they are preoccupied with facing God, not legacy, and so this region is at risk of losing big businesses.

In our new series, FB Academy, giving practical ‘how-to’ advice to families, Andrew Keyt, clinical professor at Chicago’s Loyola University, likens bringing on a non-family leader to Thanksgiving.

In our new series, FB Academy, giving practical ‘how-to’ advice to families, Andrew Keyt, clinical professor at Chicago’s Loyola University, likens bringing on a non-family leader to Thanksgiving.

NASCAR has grown from a band of fast-charging outlaw bootleggers to a $3 billion a year motorsport monolith. David Braham discovers how the third-generation France family business maintains the legacy of pioneer Big Bill France while driving innovation, technology, and philanthropy

NASCAR has grown from a band of fast-charging outlaw bootleggers to a $3 billion a year motorsport monolith. David Braham discovers how the third-generation France family business maintains the legacy of pioneer Big Bill France while driving innovation, technology, and philanthropy

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