Which is the Most Important of the 5 Rights?


Determining what your family values is the “why” to the right governance structure’s “how”.


In this interview with Harvard Business Review editor Susan Francis, Banyan’s managing partner Rob Lachenauer discusses why the right to determine what the business family most values may be the most important of the Five Rights in a generational transition. Governance is typically the focus of preparing a family for a successful transition, but Value is the ‘why’ to governance’s ‘how’.


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