Family Business Wiki's Town Square

Family Business Wiki's TOWN SQUARE

Featured Blog Posts (4)

First steps, great results, too much to do.

Last Thursday, September 10th with the support of Mr. Guillermo Salazar Nava and the whole team I’m working within the Venezuelan Industrial Union – CONINDUSTRIA, I achieve one little dream of held a lecture of Mr. Nava about (Family protocols) for a small group of selected family enterprises. Since, I got involved early this year with good practices of corporate governance for small and medium enterprises SMEs and later becoming a member of The Family Firm Institute FFI with the intention to… Continue

Added by Pablo Aure Fariñez on September 15, 2009 at 4:30pm — 2 Comments

It’s a Kind of Magic: Family Meetings

From my experience, I can see that it all depends on the level of commitment of the members of a family for a shared future. And, of course, a good dose of respect for each other (the key that opens all problems with communication).



I’m still impressed by the magic of many families in their first meeting as a working group. Some times, as a consultant, you only need to sit and wait: instinctively they find their way to improve their communication and their openness to dialog as they… Continue

Added by Guillermo Salazar on September 4, 2009 at 9:51am — No Comments

Developing Next Generation Leaders

When advisors talk about planning for succession, they are often talking about the immediate challenge of selecting an individual who can run the business once the CEO retires. The process of succession planning is actually more extensive and multi-faceted and including issues such as good corporate and family governance, and strategic planning. That being said, one of the most important things that families who seek to maintain ownership across generations can do is to prepare the next… Continue

Added by Andrew D. Keyt on September 1, 2009 at 1:46pm — No Comments

families responding to the financial meltdown by learning and growing

How wealthy families respond to financial losses – and how advisors can help them



2008 was a bad year for money – even for people with lots of money.



Maybe cutting back on vacation homes or country clubs doesn’t seem like a real trauma, but many families who are still “wealthy” have indeed been going through an emotional crisis. They may have lost the feelings of safety and stability which came from their wealth – and they may have lost the trust which they invested in… Continue

Added by Dennis Jaffe on August 17, 2009 at 1:45pm — 1 Comment

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