Randel Carlock from INSEAD is Berghmans Lhoist professor in entrepreneurial leadership and director of Wendel International Centre for Family Enterprise.
The global automobile industry is in a shambles with a share in Ford Motor Company selling for less than a Starbucks latte and GM and Chrysler discussing a merger that resembles two drunks hoping they can make it to the next lamppost (government bailout).
The McNeely family suffered the ignominy of a family ownership battle played out in a public courtroom. But, as Randel Carlock reports, the
family has since healed its wounds and both it and the business are looking forward to a better future
The new Oliver Stone film W explores an important concern for business and wealthy families – how parent-child relationships shape a child’s personality development and, specifically, individual drives and motivations.
The latest news of conflict between Mukesh and Anil Ambani comes as no surprise. Mukesh’s Reliance Industries began arbitration proceedings against Anil’s Reliance Communications in July following a collapsed merger deal with MTN Group, claiming it has first right to refusal over Anil’s stake in the company.
Now that the family has put its governing board in place it faces the challenge of how to effectively communicate with the directors and how to reward them. Randel Carlock and Ludo Van der Heyden offer some advice