Setting Boundaries on Who Counts as Family

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Enterprising families sometimes ask BFF about who should be counted as ‘family’ in their family business. What about in-laws? Unmarried partners? Ex-partners who have custody of children? According to Professor Ivan Lansberg, there is no single answer. It depends on the family’s culture, personal experience of divorce, the number of family members, and […]

Emotions Invoked by Family Business Vision-Building

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Here’s a list of some emotions that could be invoked when the Next Generation contribute to the renewal of a shared vision. Spoiler: several of them don’t appear to be positive emotions! Awkwardness: members of the Next Generation can be very aware that it’s not ‘their’ company. They didn’t create it, they weren’t there for its early steps. So there […]