Family business succession planning is a complex and challenging process that involves transferring leadership and ownership from one...

As an experienced Family Business Advisor, I understand the unique dynamics, joys, and challenges that come with passing the torch to the...

Family businesses are renowned for their legacy and continuity, often spanning multiple generations. As the torch passes from one generation to the next, the role of non-family CEOs and Non-Executive Directors (NEDs) becomes increasingly vital in preparing the rising generation for leadership roles within the family firm. These seasoned professionals offer mentorship, guidance, and a fresh perspective that can help bridge the transition gap and pave the way for a successful s

For some individuals, working in a family business can be an incredible gift. For others, the family business is a prison, without any chance of parole. For those who are feeling trapped in the family business, ownership of the business is more burden than pleasure. The freedom that their family business allows is overshadowed by a lack of business process and clear structure. Having their name on the door is not worth being “on call” 24/7, or never being able to really take

Today, possibly more so than ever before, sustaining the legacy of family businesses requires innovative approaches to involve the next...

Succession planning and the engagement of the next generation and their development are key aspects that should be on the agenda for all...

Jonathan Burke, partner and head of the industrial manufacturing leadership practice at executive search specialist, Berwick Partners ,...

If you’re a fan of the television show Succession, or if you’re aware of the conflicts playing out publicly and perennially among some of the most visible family businesses in the world — think the Murdochs or Sumner Redstone’s family— you might assume that family businesses are more fragile than other forms of enterprise. Indeed, that’s the conventional wisdom: Many articles or speeches about family businesses today include a reference to the ‘three-generation rule,’ which s