Business Family Alignment – the Family Plan

Throughout the Western world, less than 5% of all family businesses survive the third generation curse:  “from shirt sleeves to shirt sleeves in three generations”.  The 5% that do make it through often proceed for many generations – in clear evidence that they’ve worked out and applied something really important to their family about sustainability […]

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Difficult Family Conversations – 10 Key Issues

Security: physical, emotional and financial, sit at the top of Maslow’s hierarchy of human needs.  Situations that challenge your sense of personal security are therefore likely to create feelings of insecurity and discomfort, which is why many of us are reluctant to initiate conversations likely to start, or to become, difficult. The expectation that a […]

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Parenting Styles and Family Business

“As ye sow, so shall ye reap” Recent conversations with other family business advisers confirm increasing exposure to business families with serious “fossilisation” issues. Naming no names, the problem seems most prevalent in families with seriously aged founder/owners (70 and 80-year-olds) from traditional European backgrounds.  However, they don’t own all of this space – it’s […]

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Risk Management for Business Families

A key characteristic of all enduring business families is their willingness to do whatever is necessary to adequately and appropriately manage all significant risks and threats to their continuity, as a family group.  This applies however the group re-invents itself, from generation to generation. Conversely, the most common cause of business family failure is the […]

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Bob Jane’s Family Feud

“For what doth it profit a man, if he gain the whole world and suffer the loss of his own soul?” (Matthew 16:26-28) Bob Jane was an Australian icon – a revered racing driver, entrepreneur  businessman and multi-millionaire – a classic self-made success story. But where is he now?  After 5 years of litigation he’s […]

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