FAMILY & ENTERPRISE INSIGHTS

Ownership & Stewardship Anneleen Michiels and Claudia Binz Astrachan Ownership & Stewardship Anneleen Michiels and Claudia Binz Astrachan

Punishment, Reward, Control: How Money Shows Up in the Business Family

Money is hardly ever ‘just money’: When business families discuss distributions or family member compensation, capital structure or investment strategy, these conversations are often driven by the individual family members’ emotions and orientations towards money and wealth.

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Family Development & Dynamics Claudia Binz Astrachan, Joseph Astrachan, and Torsten Pieper Family Development & Dynamics Claudia Binz Astrachan, Joseph Astrachan, and Torsten Pieper

Do You Treat In-Laws Like the Family Business Outlaws?

Families differ in their willingness to integrate outsiders into their family circle. These actions influence the included or excluded individuals in different ways, creating a ripple effect throughout the family that can last generations.

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Family Development & Dynamics Tom Rüsen , Claudia Binz Astrachan, and Ruth Orenstrat Family Development & Dynamics Tom Rüsen , Claudia Binz Astrachan, and Ruth Orenstrat

Why Don't You Educate Your Owners?

Family firms that fail to educate their owners are putting their future in peril. In this article, we highlight where business families fall short in their ownership training and outline a simple process to identify the educational needs of your own family shareholder group.

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Family & Business Governance Claudia Binz Astrachan and Veronica Maldonado Family & Business Governance Claudia Binz Astrachan and Veronica Maldonado

Case Study: Renewing the family council of a 5th generation business family

How do you keep a shareholder group of dozens, even hundreds of shareholders united and aligned? Family councils can counteract the growing family’s tendencies to grow apart - but they must evolve alongside the family’s changing needs, wants, and objectives.

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Family & Business Governance Joe Astrachan and Claudia Binz Astrachan Family & Business Governance Joe Astrachan and Claudia Binz Astrachan

Selecting and electing family members for governance roles: Why the ‘right’ choice may not always be the obvious one  

Should you select family members for governance roles based on family branch or generation, their qualifications, or based on how well-respected they are within the family? Every choice comes with benefits and disadvantages.

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Strategy & Decision-Making Joe Astrachan, Isabel Botero, Carol Wittmeyer & Claudia Binz Astrachan Strategy & Decision-Making Joe Astrachan, Isabel Botero, Carol Wittmeyer & Claudia Binz Astrachan

Don't Send Your Kids to Work Outside the Family Business Just Yet!

Should family members work outside the family business before joining? Experts have long recommended that this is the best (and only!) way - but does it make a difference, in the real world, to have the next generation work on the outside?

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Strategy & Decision-Making Tom Rüsen , Isabel Botero , Arist von Schlippe and Torsten Groth Strategy & Decision-Making Tom Rüsen , Isabel Botero , Arist von Schlippe and Torsten Groth

Developing Your Business Family Strategy: Where to Start and What to Consider

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.

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