Weekly Reports

BUSINESS ‘CULTURE’ IS ABOUT AN ORGANIZATION’S VALUES AND BEHAVIORS which collectively define how things get done. Absence of a defined culture, at best, limits performance optimization; in merger or acquisition transactions, incompatible culture is often a principal cause for implosion.... Continue

THE FAMILY-BUSINESS SUCCESSION LAYER OF ESTATE PLANNING IS FAR MORE COMPLICATED than most business owners contemplate, involving several sets of stakeholders with different expectations: owners, family, family-owners, family-staff, staff-owners, and key managerial staff. Two-thirds of family-owned businesses never make it... Continue

FAMILY-OWNED BUSINESSES ARE SELDOM MANAGED in a manner compliant with best business standards and practices – mostly because controlling owners find it uncomfortable to balance their multiple roles; family members have expectations, envy, ego, insecurities or entitlement issues; communication is... Continue

DISASTER OR CRISIS IS SELDOM ON THE STRATEGIC PLANNING AGENDA, but how prepared a business (or family) really needs to be is arguable only by those who haven’t experienced it. Taking the time to assess & define business risk requires... Continue

PARTNERSHIP DISSOLUTIONS – BUSINESS OR MARRIAGE – ARE EMOTIONALLY STRESSFUL, and parties on all sides are understandably vulnerable to Trusted Advisors, particularly attorneys or therapists (family, clergy, psychologists, psychiatrists, etc.) who try to “instill their dogma into a client’s psyche…... Continue