From family business to family office: 3 risks that are often overlooked

Author: Uzay Sezer Holder of a PhD in Business Administration and Management from Università Bocconi, his research explores family firms, corporate governance and incentive designs. When a family sells or steps back from an operating business, the ensuing celebrations often follow a familiar script. After years of hard work, they have succeeded in building something…

When Returning Home No Longer Feels Like Returning

This is a guest entry by Nandika Puri Nandika has been an expat for eight years, living in two countries and building a career now seven years long. She met her partner abroad and earned her MBA along the way and has quietly fallen for a different version of herself in each city she’s called…

The ownership dimension of succession

Four siblings. Third generation. Twenty years ago, their father divided the shares in four equal parts: 25% each. It seemed fair at the time, and he wanted to keep peace in the family—and at first, he got his wish. But now the business is confronted with a major strategic decision: entering a new market, refinancing,…

The four pillars of succession

John walked into the corner office. He had just been named CEO a week earlier, following his father’s unexpected death. He had spent twenty years working alongside him, preparing for that moment. He was the designated successor. And yet, sitting in that chair for the first time, he realized he had inherited the title, the…
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