A FAMILY MATTER 

Understanding family business relationships

In order to run a successful family business, having a proper governance structure, high profits, and global brand recognition is not enough; none of these things matter once relationships between family members turn sour and conflict rears its ugly head. 

 ADDITIONAL READING 

Family Relationships Articles

Family Business and the Succession Journey

Family Business and the Succession Journey

In major league baseball, the greatest players, on average, hit the ball three out of every ten times. That means even the best players have a 70 per cent chance of failing every time...
The Path to a Successful Transition

The Path to a Successful Transition

 “Someone's sitting in the shade today because someone planted a tree a long time ago.”   - Warren BuffettAny succession discourse must begin by confronting one sobering statistic: fewer than one in ten family enterprises make...
Grupo Ferré Rangel: Internationalisation, Diversification and Social Innovation

Grupo Ferré Rangel: Internationalisation, Diversification and Social Innovation

With a strategic approach that emphasises internationalisation, diversification and social innovation, Grupo Ferré Rangel, Puerto Rico's family-owned, multinational, strategic investment holding company, has achieved that delicate and powerful balance that has defined the family’s...
The Barrow Group: Five Generations of Construction in South Africa

The Barrow Group: Five Generations of Construction in South Africa

Over the course of its 121-year history, the Barrow Property Group grew from a small carpentry shop into one of South Africa’s leading property management and construction companies. Now in its fifth generation, the...
KNOWLEDGE: Longevity in the Family Business Context

KNOWLEDGE: Longevity in the Family Business Context

Judy Green, PhD, is president of the Family Firm Institute, an international professional association of individuals and organisations that advise and study multi-generational family enterprises. She is a frequent commentator on topics in the...