Family dynamics and governance

Business succession planning

Succession planning is an important consideration for all companies, but for family businesses, there is an added layer of complexity. Does your family business have a governance plan in place?

Cultivating enduring value

What's new?

A thoughtfully governed family business can be a boon for everyone involved—not only in terms of wealth creation, but also in promoting harmony, personal fulfillment and shared purpose.

What should you consider?

This is a process, not an event. For family businesses, making clear determinations about stakeholders, obligations and who controls what, are not just decisions—they may prompt the creation of entirely new governance structures.

Business Succession planning: Cultivating​ value

Stay tuned for the upcoming final volume of our Business Succession Planning series. To receive these and other publications of interest to private companies, subscribe here.

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