The decision to integrate non-family executives into a family business is often described as a pivotal moment of “professionalization.” According to conventional wisdom—frequently reinforced by advisors—seasoned outsiders inject discipline and boost performance. While non-family managers are critical to the growth of many family firms, academic research shows that their positive impact is not automatic. Hiring…

My father-in-law recently shared Peter Godwin’s memoir “Exit Wounds: A Story of Love, Loss, and Occasional Wars” with me. Like my father-in-law, who grew up in Zimbabwe before migrating to Australia, Godwin is intimately familiar with the peculiar grief of belonging to multiple places and none fully. Born and raised in Zimbabwe, educated in England,…

A father watches his older daughter patiently help her little brother tie his shoelaces. She doesn’t show off or give instructions; she’s simply there, helping him at his pace until he gets it right. This simple interaction captures something profound: in a family, love isn’t measured by how we feel but in what we do…

This month has been particularly prolific in European climate regulation. Two major developments stand out, both of which will shape the strategic landscape for Spanish companies regardless of the outcomes of COP30. This post focuses on the first — the Council’s agreement on the EU’s 2040 climate target — while a forthcoming piece will examine…