Posts by familyboards
Preparing for Productive Family Conversations in a Family Business: Three Mindsets That Matter More Than the Agenda
Family conversations that really matter — particularly in family businesses dealing with ownership, succession, and long‑term governanc...
“IT’S ACTUALLY 12 TIMES”: TRADITION VS INNOVATION IN FAMILY BUSINESS
In a famously cheeky retort to critics who claimed AC/DC had made the same album eleven times, Angus Young quipped:
“No, that’s not ...
Advisory Boards in Family Enterprises: Managing the Risk of Over-Reliance
Family-owned enterprises are increasingly turning to advisory boards to support their directors with strategic insight and external exp...
The Rosehill Decision: A Governance Reckoning
The Australian Turf Club’s (ATC) recent saga over the proposed sale and redevelopment of Rosehill Racecourse has become a defining case...
Does your family business have a no man’s land?
As we approach Anzac Day (25 April in Australia and New Zealand), we celebrate the lives of the brave service men and women who sacrifi...
Family companies…do you know the rules of the game?
If you ask the directors of a family-owned company how they approach their governance responsibilities, their response may include some...
Wealth tsunami…postponed?
Lately there has been a marked uptick in commentators predicting an impending mass transfer of wealth to the next generation within fam...
Family Business Lessons from The Godfather
Mario Puzo’s novel The Godfather was first published in 1969, topped the New York Times best seller list for more than a year, and at l...
Protecting Your Company Board: Preventing Management from Holding it Hostage
In the realm of corporate governance, maintaining a healthy balance of power between the company board and management is crucial. Most ...
Core Values – some practical issues
In previous articles we examined why core values are a critical factor in developing effective governance in family companies; and expl...