What do enduring family enterprises have in common? Banyan’s Dennis Jaffe explains the “hundred year family”.
Resources by: "Podcast"
How do you start a conversation about purpose? Each generation may have a different answer, so it’s important to get on the same page.
Banyan’s Rob Lachenauer and Josh Baron discuss the power of ownership on the popular HBR Ideacast.
Conflict in a family business is a “we” problem. It affects everyone in the system, including the business. Here’s how to make sure your family fosters healthy conflict.
Adding new people to your family — new spouses, new children, new in-laws — can be joyous. That doesn’t mean it’s not going to get complicated. Advance planning helps.
Divorce within a business family can be complicated. There are, however, a few best practices to make the transition easier.
Lack of having an estate plan can destroy a family business.
Any new person in your system can have a destabilizing effect. You have to be ready — in advance.
In families, we’re all born equal. Until we aren’t. You have to be ready to talk about that.
Most businesses are not hotbeds of conflict. But they do have to make difficult decisions together. That’s not easy.