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Governance

July 26, 2016

Feeling the burden of expectation in taking over the family business? Having fun is one way of lightening the load. 

Feeling the burden of expectation in taking over the family business? Having fun is one way of lightening the load. 

The late actress Katharine Hepburn once said: “If you obey all the rules you miss all the fun.” Wise words for the next generation or hokum?

Many commentators agree the concept of playfulness has merit in family businesses, at least as one tactic to soothe next gens’ nerves over the prospect of growing responsibilities in the workplace.

July 7, 2016

Family governance is not a perfect science and its application is not particularly straightforward.  Some would say that the odds are stacked against success if you consider the number of issues that could potentially derail a project. Who the family entrusts with the responsibility of the project is a critical early choice that will impact the odds of success.

Family governance is not a perfect science and its application is not particularly straightforward.  Some would say that the odds are stacked against success if you consider the number of issues that could potentially derail a project. Who the family entrusts with the responsibility of the project is a critical early choice that will impact the odds of success.

July 6, 2016

Trusted advisers can bridge the gulf of communication between patriarchs and the next generation in Asia Pacific family businesses when creating much needed family constitutions.

Trusted advisers can bridge the gulf of communication between patriarchs and the next generation in Asia Pacific family businesses when creating much needed family constitutions.

Up and coming members of family businesses often struggled to be heard by traditional elders but consultants from finance, academia and law can help next-gens find their voices when challenging firmly held views.

June 3, 2016

Middle Eastern family businesses facing the challenges of planning succession are set to benefit from the region’s first bilingual governance code.

Middle Eastern family businesses facing the challenges of planning succession are set to benefit from the region’s first bilingual governance code.

The voluntary guide is aimed at large businesses that are going through either first, second, or third generation transitions.

It is a response by the Family Business Council-Gulf (FBCG), the regional association of Family Business Network, to the growing issue of succession in the six countries within the Gulf Co-operation Council (GCC).

May 13, 2016

Engaged Ownership is the definitive owner’s guide to the family enterprise from the granddaughter of Fisher Price Toys’ founder, Amelia Renkert-Thomas.

May 12, 2016

The case of US billionaire Sumner Redstone highlights tensions when the mental capacity of business leaders is questioned.

The case of US billionaire Sumner Redstone highlights tensions when the mental capacity of business leaders is questioned.

May 11, 2016

Khimji Ramdas Group started as a trade-based family business in Oman in 1870 and is now a diversified conglomerate working with more than 400 global brands. In the second of this four-part series of case studies, Zita Nikoletta Verbenyi reports on two governance challenges overcome by the Ramdas family.

Khimji Ramdas Group started as a trade-based family business in Oman in 1870 and is now a diversified conglomerate working with more than 400 global brands. In the second of this four-part series of case studies, Zita Nikoletta Verbenyi reports on two governance challenges overcome by the Ramdas family.

April 14, 2016

Daaboul Industrial Groupstarted as a family business in Syria and is now one of the largest aluminum producers in the Middle East. In the first of a four-part series of case studies, Zita Nikoletta Verbenyi reports on three governance challenges overcome by the Daaboul family.

Daaboul Industrial Groupstarted as a family business in Syria and is now one of the largest aluminum producers in the Middle East. In the first of a four-part series of case studies, Zita Nikoletta Verbenyi reports on three governance challenges overcome by the Daaboul family.

February 5, 2016

National Amusements third-gen Shari Redstone was the only vote from the board of directors at Viacom, her family’s media empire, opposing the appointment of Philippe Dauman as chairman on Thursday.

 

National Amusements third-gen Shari Redstone was the only vote from the board of directors at Viacom, her family’s media empire, opposing the appointment of Philippe Dauman as chairman on Thursday.

Her father, Sumner Redstone, 92, announced his retirement on Thursday. He had announced his retirement as chairman of the family’s other media empire CBS on Wednesday, where he will be replaced by its existing CEO and president Leslie Moonves.

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