Weekly Reports Archive

OWNERS OF A FAMILY BUSINESS WHO WISH TRANSITION TO CHILDREN FACE A TRICKY ROAD, since fewer than 30% survive through 2nd generation and only 12% endure to the third before derailing, according to latest analyses. A few steps which can... Continue

GOVERNANCE OF FAMILY AND CLOSELY-HELD BUSINESSES involves stewardship, operational oversight, and avoidance of risks from future innovation or disruption of regulations, supply-chains and talent. McKinsey’s latest global survey of impacts from rapid adoption of Artificial Intelligence reports disrupted job roles,... Continue

AT LEAST 13 JOB CATEGORIES WILL BE SOON IMPACTED BY AUTOMATION. Many focus on entry-level roles, involving repetitive processes, data analysis or decision-making – tasks once thought to require human intuition – that artificial intelligence (A.I.) can handle faster and... Continue

• IN FAMILY-OWNED COMPANIES, AN ‘ADVISORY BOARD’ IS OFTEN THE MISSING LINK to optimizing stability, growth and risk protection, where leaders are supported by a team of independent experts to periodically focus and coordinate strategy on high-level issues, as distinct... Continue

ESTATE PLANNING PROTECTION FOR HEIRS involves lots of decisions and lots of paperwork which is easily, and too often, procrastinated. But it’s a critical factor in the event of incapacitation or death, and absence of a Plan — which is... Continue