Tag Archives: governance
“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...
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...
Determining Your (and Your Family’s) Core Values
Following on from the previous article on the topic of core values, the question can be asked, how do I identify my own core values? An...
The Value in Core Values
“I am prepared to die for something. I am prepared to live for our cause. The cause is caring about each other. The secret to this job ...
Joining the Family Board? Tips for New Directors
So, you’ve been asked to join the board of directors of your family’s company. You may have already been working in the family business...