Tag: family business succession planning

Why Family Business Founders Struggle to Step Back During Succession

Founder resistance is often more complicated than control. Empathy can help families understand what founders are trying to protect — and what their continued involvement may be preventing. Read more

Fair Does Not Always Mean Equal: Ownership Decisions in Family Business

Families often struggle to decide whether shares should be divided equally among children or reflect leadership, sacrifice, and “sweat equity.” In family businesses, few conversations generate Read more

Helping Daughters Become Successful Family Business Leaders

Daughters can become strong and credible successors when families involve them early, clarify authority, support professional development, and make room for new models of leadership. While daughters Read more

The Hidden Fault Lines That Threaten Family Enterprises

From death and divorce to disruption and disrepute: these 12 hidden risks can weaken family enterprises over time. Family enterprises are often admired for their long-term orientation, strong values, Read more

How Leaders Can Transfer Their Great Instincts to Successors

A leader's tacit knowledge can make the company more successful, but it's a challenge to understand what's behind it or how to pass it down to next-gens. A family business leader's instinct -- often Read more

Family Businesses Must Prepare for the Unthinkable

An unexpected death or disability can wreak havoc on a family business's best-laid plans. Patricia Annino, a Senior Advisor and Associate Partner at Cambridge Family Enterprise Group, has seen many Read more

How Families Can Override Emotions to Make Better Judgments

When decisions become emotionally charged, it becomes harder to think clearly just when clear thinking is needed most. A family business leader said to me recently, “We need to make a decision, but Read more

Before You Grow the Family Business, Know What Not to Break

The challenge during succession is that not every inherited element deserves to be preserved. But not every piece of the legacy is safe to disrupt, either. One of the most common mistakes in family Read more

AI in Family Business: Why Brain Capital Is Your Real Competitive Advantage

AI can speed analysis and recommendations, but it cannot build trust or regulate conflict. Here's why Brain Capital -- judgment, resilience, and governance maturity -- will determine whether family Read more

How Families Can Re-Engage Reluctant Successors Without Pressure

Successors recommit when roles align with their values, skills, and life stage—and when family dynamics allow earlier experiences to be reinterpreted. Many family firms think about succession when Read more