Corporate governance in family firms: 7 key concepts

The convergence of personal relationships and business objectives in family firms often gives rise to unique challenges and added complexities in their management and sustainability. In this context, solid corporate governance systems are critical to ensuring their long-term success. On November 7, IESE’s Madrid campus brought together renowned experts to analyze corporate governance as a…

Finding Awe Through Global Work: Lessons from Dacher Keltner’s “Awe”

In his groundbreaking book “Awe” which I have just finished reading, renowned psychologist Dacher Keltner explores the transformative emotion that makes us feel part of something larger than ourselves. While awe is an emotion that is beneficial in all life domains, I have found that his insights have particular resonance for those of us navigating…

What do shareholders of family firms deserve?

As family businesses transition across generations, a distinct type of shareholder emerges: one who only own shares while playing no role on its executive board or leadership team. The concept of responsible and committed ownership has increasingly gained traction in recent years, guided by the principle of stewardship. This vision underscores the critical need for…