The essential problem family businesses must deal with is conflict of interest, which arises when people have multiple roles – in the business, as an owner, and as a family member – that can potentially conflict.
Falling from Grace: How Scandals Affect Family Businesses
https://familybusiness.org/content/falling-from-grace-how-scandals-affect-family-businesses
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#familyoffice #wealthmanagement #conflictresolution #strategicmanagement
#nextgensuccession #intergenerationalwealth #governance #leadershipdevelopment
#entrepreneurship
Raising Responsible Heirs
https://davidwerdiger.com/2023/09/raising-responsible-heirs/ A conundrum of wealth creator parents
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#familyoffice #wealthmanagement #conflictresolution #strategicmanagement
#nextgensuccession #intergenerationalwealth #governance #leadershipdevelopment
#entrepreneurship
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