What is family business governance?

Two things are certain: Firstly, maintaining harmony in the family is difficult and secondly, running a successful business demands much hard work and discipline. How do we strike the perfect balance? Family business governance. 


Governance Articles

Philips Sustainability & Innovation

Philips: A Legacy of Innovation and Sustainability

When the Philips Corporation launched their sustainability vision in 2012, it was seen by many as a brand new venture into furthering 21st-century technology. There can be no question, the Dutch-based company was viewing...
Chobani CEO Hamdi Ulukaya

The Model CEO: How Hamdi Ulukaya is Forging New Paths in the Chobani Boardroom

Hamdi Ulukaya is not the first CEO to carve out new paths within his industry. Certainly, his Greek yogurt company Chobani, founded in upstate New York in 2005, is credited with launching a brand...
Moving On: Recognizing Unconscious Attachments Helps Employees Cope with Change

Moving On: Recognizing Unconscious Attachments Helps Employees Cope with Change

It is a familiar lament from business leaders. They have a compelling case for strategic change – new technology renders a core product obsolete, or there’s a terrific opportunity for a merger – but...
The Conflict of Interest of a 3rd Generation CEO – The Story of Fidelity

A 3rd Generation CEO’s Conflict of Interests – The Troubling Story of Fidelity Investments

The challenge that a third generation family business CEO has in keeping the empire afloat in an environment far different from that of its founder is no small feat. Of course, in the case...
How Power Can Ruin the Family Business

4 Side-Effects of Power That Can Destroy Your Family Business

Famed English historian Lord Acton once said, “Power tends to corrupt, and absolute power corrupts absolutely.” The pages of history are filled with political, economic and military greats who, upon amassing great power, succumbed...