This article originally published in Corp! Magazine, October 17, 2019 Sitting in a study group dedicated to family business, I was surprised to learn how far some will go to equally divide their estate. One of the participants in the group, a psychologist, said their father had kept a lifelong ledger of what he had […]
What should you do when the CEO ‘stays too long’?
This article originally published in Corp! Magazine, May 2019 Professional athletes often extend their careers beyond their prime. Sometimes they even get to a point known as “punch drunk.” Maybe it’s because of money, celebrity, career goals, or nothing in the “what’s next” column. Regardless, supporters look at those athletes as playing too long to […]
When the pot is still simmering, family business problems won’t be resolved
This article originally published in Corp! Magazine, September/October 2018 Especially in a family business, the single best way to avoid conflict is to anticipate issues and resolve matters before the proverbial pot boils over. When times are good, the tendency is to put conflict on the back burner and let it simmer. The longer it […]