Tom Rüsen
Public Member
Family Business Editor
Reviewer - FB.org
Interest:
Industry:
Interviewee:
Authored Resources
Family Business Succession Planning: 10 Golden Rules
180221 viewsWhile every family business is different, these guidelines can help most firms smooth out the succession process and maintain family relations as a bonus.
'Let’s Not Go There...' Taboos in Family Business
25941 viewsMany families dare not discuss certain topics because they want to preserve the illusion of harmony and unity. But these taboo topics are bound to erupt sooner or later.
What All Family Businesses Can Learn From the Merck Family
10517 viewsThe Germany-based global health care, pharmaceutical and performance materials firm has kept its vast family ownership team aligned for 13 generations.
Developing Your Business Family Strategy: Where to Start and What to Consider
5916 viewsSuccessful, long-lasting business families share an understanding of what is important to them, what they want to do together, and how they want to work together to achieve their collective goals and vision.
Why Don't You Educate Your Owners?
97967 viewsEveryone agrees that families should train members to become competent owners and stewards of the family business – but few of them actually walk the talk.
Involve Next-Gens in Developing Your Social Media Policy
5940 viewsConsider a social media policy as a relatively “low-hanging fruit” to introduce the next generation to family governance work.
Include the Extended Family in Your Ownership Strategy
8161 viewsYour ownership strategy should consider that in future generations the family firm will likely have many more owners. Take a broader focus when you develop it.
Senior Leaders: Prepare Early to Let Go of the Business
8832 viewsA handover often marks the end of life as the leader knows it and the start of a new and unfamiliar phase. A grieving process is not uncommon.
Your Family’s Mental Model Might Be Fueling Its Conflicts
18156 viewsDifferent ways of thinking shape how families make decisions, resolve tensions, and pass leadership across generations.