Following on from my previous post about how to define a family business, I remembered the moment when we became a family business.
Of course, bearing in mind my comments about the difficulty in finding a common definition of the term, the moment we “became” a family business was more in our minds than following a specific event that put our business within such a definition. Read more
One of the questions that comes to mind when setting up family governance structures is whom to include in such a structure. In other words: who are the members to be governed? Read more
What Even is a Family Business? Although often talked about and mentioned, little thought is given to what a familiy business actually is.
The Four Dimensions to Consider in Family Governance and Succession
Substantial writing has been done about the three dimensions “Family”, “Business” and “Ownership” when setting up a family governance structure.
However, the prevailing Three-Circle Model of the Family Business System as developed at Harvard Business School by Renato Tagiuri and John Davis in the 1970s is not entirely complete. Read more
