Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty.

Sometimes the family grows much faster than the business, especially in saturated markets. This has deep implications for how we manage family and business expectations.

Are you curious about where your shareholder group stands—how knowledgeable and committed they are to the family enterprise, what values and personal goals they bring, and what concerns or expectations they may have?

Anxiety, depression, and other conditions disrupt family business operations and strain family relationships. Ignoring them won’t make them go away.

Successful, long-lasting business families have a family strategy: A shared understanding of what is important to them, what they want to do together, and how they want to work together to achieve their collective goals and vision.