Skip to main content

 

​Choose what you'd like to read.


David Werdiger Familosophy Blog
David Werdiger Personal Blog

The World Of David Werdiger

Featured Posts

generational wealth value

The Value of Intergenerational Wealth

By Articles, Familosophy, Featured Posts, LinkedIn, repostNo Comments

The role of family offices has evolved from being an investment platform to guiding the next generation(s) back into the family business. A next-generation development program will help the next generation become good owners and future leaders. According to HBR, these programs focus on five key objectives: business ownership skills and competencies; family business principles and practical knowledge of the family business’ assets, understanding the family history and values; and developing personal leadership competencies. Boston…

Read More
Family Equaliser

The Family Equaliser

By Articles, Familosophy, Featured Posts, In The News, LinkedIn, News / Media, originalNo Comments

When there is more than enough wealth for the family itself, families often turn to philanthropy as a way of “giving back” to society. Like anything, philanthropy can be done well, and not so well, and for the right reasons as well as the wrong reasons. These factors are not necessarily connected – someone may support a charitable project purely to feed their ego, yet it may achieve substantial social good. Certainly, doing things for…

Read More
Principia Familia Stewardship of Family Business

Principia Familia

By Articles, Familosophy, Featured Posts, In The News, LinkedIn, originalNo Comments

I’m thrilled to have joined the experts panel at &Simple, who are focussed on helping FOs and their service providers professionalise and be future-ready through insights, services and data. In my first insight published on their platform, I articulate three principles of good family governance: 1. The stewardship (rather than ownership) mindset: family wealth does not belong to any individual, rather to the family – both present and future. The people who happen to be responsible for it at any time…

Read More
Mission, Vision, Values of Family Business

The Foundation of a Family Business

By Articles, Familosophy, Featured Posts, LinkedIn, repostNo Comments

There is more to maintaining family wealth through generations than getting the best financial advisors and managers for operating assets. Families of wealth must learn how to work together in the sharing of assets. A key part of that is to integrate their wealth management with their values. That means the values need to be articulated within the family. Then, the family needs clear and open dialogue discussing values as well as financial assets, and…

Read More
Family Business Principles

Family businesses need another set of principles

By Articles, Familosophy, Featured Posts, LinkedIn, repostNo Comments

Family businesses aren’t just businesses that happen to be owned and/or managed by a family. Factors like a long-term perspective, and the multiple/overlapping roles of owners, employees and family members are both strengths and weaknesses. These factors mean that family businesses need another set of principles to help them stay strong. Because many stakeholders have multiple hats, separation of powers is very important. Everyone needs to understand what their roles are (employee, manager, owner, etc)…

Read More
Cult Behavior in Family Business

Cult Behavior in Wealthy Families

By Articles, Familosophy, Featured Posts, LinkedIn, repostNo Comments

The pandemic crisis is forcing the hand of family businesses to address the pace of change in new ways. Every day we must act and even make some tough choices—despite the lack of any reliable information about the best direction to take. Some owners make tough decisions on their own, rather than seeking help from others. Some choose impulsive or blind allegiance pathways. I wrote the following on the Bloomberg press about the Singh brothers…

Read More
Newsletter & articles here