Advice For Family Business Owners
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An Introduction to Family Constitutions
21st May 2021
Managing family wealth, businesses and legacies can sometimes involve a divergence of views between family members as to how this may be achieved and the role individual family members, and others, are to play. Family constitutions aim to create a guiding protocol with regard to the governance of the family as a whole.
From “who I am” to “who we are”: Turning confusion and conflict about identity into a source of strength
20th April 2021
In the second in his series looking Identity Confusion, Nick Mayhew explores how to turn confusion and conflict about identity into a source of strength.
Selling the Family Business
28th August 2019
Evaluating reasons for selling, including consideration of options for a full or partial exit. Managing expectations among owners and building a consensus. Looking beyond the watershed for a future without the family business.
Branding the Family Business
21st August 2019
When do you put the family brand at the centre? How do you build a tailored strategy with critical success factors to maximise the family branding benefit? How do you bring the family brand to life, including roles family members can play?
Maximising People Capital
19th August 2019
This guide explores the distinctive feature of family firms around human resources. Hot to create a strong employee brand to enhance recruitment and retention of non-family talent, and define appropriate reward strategies.
Promoting Sustainability
14th August 2019
This guide explores how you can develop a purpose-led business where – through the careful management of human, natural and social capital – sustainable value is created, and how you can build trust with stakeholders through a sustainable business approach.
Embedding Long-Term Orientation
12th August 2019
This guide looks at how you can ensure a balanced approach to long-term orientation (LTO) while keeping sight of short-term performance, how to leverage the benefits of patient capital and promote the drivers of LTO and considering the balance in terms of asset portfolio.
Fostering Entrepreneurship
7th August 2019
Risk-taking balanced with stewardship can underpin competitiveness. How do you promote a culture that fosters entrepreneurship and innovation? How do you develop adaptability, balancing the past and future, to support growth and renewal?