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Governance

September 1, 2003

There are still very few women occupying the upper management levels in larger companies. Is this due to the difficulty in prioritising between business and family? Being part of a family business could offer a flexible coexistence of both

Franziska Müller Tiberini has her own consulting company for family business. She lives in Zurich, Switzerland.

There are still very few women occupying the upper management levels in larger companies. Is this due to the difficulty in prioritising between business and family? Being part of a family business could offer a flexible coexistence of both

"One is not born but becomes a woman."
– Simone de Beauvoir

September 1, 2003

A while ago I was in the classroom facing around 30 sons and daughters of entrepreneurs, aged between 25 and 30.

Gaia Marchisio is Junior Lecturer at the Strategic and Entrepreneurial Management Department, SDA Bocconi, Bocconi University School of Management, and member of the Family Business Research Team within the same School.

June 1, 2003

A family may fear that their children will use up their inheritance. The best insurance that the money is used wisely is to take steps to make sure that each heir develops passion, values and responsibility so they can lead a fulfilled adulthood and continue the wealth into future generations

Dennis T Jaffe, PhD is professor at Saybrook Graduate School in San Francisco, author of Working With The Ones You Love and a founding member of the Aspen Family Business Group.

A family may fear that their children will use up their inheritance. The best insurance that the money is used wisely is to take steps to make sure that each heir develops passion, values and responsibility so they can lead a fulfilled adulthood and continue the wealth into future generations

June 1, 2003

There is no single governance system. The key to effective governance depends on the adaptability of the roles of the owner, board and senior management, and its alignment with the stategic environment of the business

John L Ward is the Co-Director of the Center for Family Enterprises at Kellogg Graduate School of Management (USA) and the Wild Group Professor of Family Business at IMD (Switzerland). He serves on the boards of four family companies in Europe and the USA.

There is no single governance system. The key to effective governance depends on the adaptability of the roles of the owner, board and senior management, and its alignment with the stategic environment of the business

June 1, 2003

There’s more to forming a business relationship with another company than just the balance sheet. It’s the people and the system as a whole that can make or break a deal

Michael J O'Malley is a consultant and lecturer who specialises in developing solutions for the relationship problems among business members, outside stakeholders and management.

Larry McEnerney is the director of writing at the University of Chicago.

There's more to forming a business relationship with another company than just the balance sheet. It's the people and the system as a whole that can make or break a deal

June 1, 2003

Introducing your children to the family business at an early age can be the start of an educational ‘plan’ to develop business skills that could see them take over the family business – or become a successful business owner themselves

Cindy Iannerelli is recognised around the world for her innovative research and work teaching children business skills. She is Director of the Center for Family Business at Indiana University of PA and a visiting professor at The University of Trento, Italy.

Introducing your children to the family business at an early age can be the start of an educational 'plan' to develop business skills that could see them take over the family business – or become a successful business owner themselves

June 1, 2003

Leadership is an important element in running a successful family business. Four of the eminent thinkers in the field of family business discuss its different meaning and forms

Barbara Murray is Consultant Editor for Families in Business magazine.

Leadership is an important element in running a successful family business. Four of the eminent thinkers in the field of family business discuss its different meaning and forms

At the top of the list of names of those people who are best known and respected for their substantial and ongoing contribution to the world of family business theory, practice and education you will find the names of John Davis, Kelin Gersick, Ivan Lansberg and John Ward.

June 1, 2003

Family businesses can learn from larger public corporations and adapt the new governance trend of independence to suit their own business needs

Luanna McGowan is the Canadian National Partner of PricewaterhouseCoopers' Centre for Entrepreneurs and Family Business. She is a lawyer and facilitator and has worked with entrepreneurs and family businesses from several industry sectors to develop succession and strategic plans.

Family businesses can learn from larger public corporations and adapt the new governance trend of independence to suit their own business needs

June 1, 2003

A family business that is mindful of the need for proper planning, monitoring and maintenance of legal issues will ultimately be more profitable and successful over the long-term

Patricia Angus is a lawyer and consultant to high net worth families on governance and philanthropic planning. She is President of Angus Advisory Group LLC in New York, USA.

A family business that is mindful of the need for proper planning, monitoring and maintenance of legal issues will ultimately be more profitable and successful over the long-term

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