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Assess Family Business strength in times of change

How to Assess the Strength of Family Business in Times of Change

By | Articles, Familosophy, Featured Posts, LinkedIn, Uncategorized | No 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)…

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The Risk of the Next Generation in Family Business

The Risk of the Next Generation in Family Business

By | Articles, Familosophy, Featured Posts, LinkedIn, repost, Uncategorized | No Comments

Transitioning a business can be difficult when the #nextgeneration aren’t interested … It turns out there are 4 core components to consider, and if you get them right, the conflict resolution usually runs very smoothly. Medium to large sized family business (turnover $50M+) have a problem: the next generation aren’t interested in joining. There are so many options out there in the job market (jobs that didn’t exist in the previous generation) that the family…

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Dan Andrews Has Lost Our Trust

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Why is this state different from all other states? There are no simple answers. We are still in the “fog of war” (albeit slightly less foggy than a few months ago), and we won’t get to the bottom of this for a while yet. We don’t know if the second wave has peaked. We don’t know if there won’t be further waves (here or in other states). The judicial inquiry is barely getting started. We…

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The Flipside to Wealth

The Flipside to Wealth

By | Articles, Familosophy, LinkedIn, repost, Uncategorized | No Comments

This is a difficult topic to broach, and needs to be done only in appropriate settings – indeed, that might be the most important message of this topic. After the story of BMW heiress Susanne Klatten went public, she was slammed on social media. Her personal challenges – the responsibility, self-doubt, and being targeted by scammers – are real. But it’s very hard for anyone brought up without wealth to have any sympathy (and often it’s the reverse), so seeking it from ‘outsiders’ is almost a waste of time.

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Next Generation Family Business

The Next Generation May Not Be Interested

By | Familosophy, LinkedIn, repost, Uncategorized | No Comments

Transitioning a business can be difficult when the #nextgeneration aren’t interested … It turns out there are 4 core components to consider, and if you get them right, the conflict resolution usually runs very smoothly. Medium to large sized family business (turnover $50M+) have a problem: the next generation aren’t interested in joining. There are so many options out there in the job market (jobs that didn’t exist in the previous generation) that the family…

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Keeping Family Business Strong

Keeping Family Business Strong in Times of Change

By | Familosophy, Featured Posts, LinkedIn, original, Uncategorized | No 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)…

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The downside to wealth

The Downside to Wealth

By | Familosophy, Featured Posts, original, Uncategorized | No Comments

This is a difficult topic to broach, and needs to be done only in appropriate settings – indeed, that might be the most important message of this topic. After the story of BMW heiress Susanne Klatten went public, she was slammed on social media. Her personal challenges – the responsibility, self-doubt, and being targeted by scammers – are real. But it’s very hard for anyone brought up without wealth to have any sympathy (and often it’s the reverse), so seeking it from ‘outsiders’ is almost a waste of time.

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Moishe’s in da House!

By | Articles, Galus Australis, Uncategorized | No Comments

The topic of next generation Jewish engagement continues to raise its head, following the important report last year arising from the Gen08 community survey, which gave some clear indications of some of the drivers of Jewish identity and continuity. The report pointed out that “the current mix of institutions will not satisfy future needs”. Elsewhere in the world, a rising generation of young adults are reshaping old ideas and building new institutions in the Jewish…

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Understanding Chabad and Messianism

By | Articles, Galus Australis, Uncategorized | No Comments

As an active writer and blogger, I have often found myself in discussions about Chabad with people from outside the Chabad community. In addition, I recently had the opportunity to review some of the books and articles written on the issue of Chabad and Messianism. The material I read seeks to explore the Messianic fervour associated with Chabad, and to delve into the mind of the Lubavitcher Rebbe and speculate as to the Rebbe’s intent and sense…

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Rosh Hashanah – of Fish Heads and Frankl

By | Articles, Galus Australis, Uncategorized | No Comments

Many of the rituals and activities around Rosh Hashanah are brimming with symbolism. From the round challot symbolizing completeness, to the special foods eaten such as honey cake and apple dipped in honey for a sweet year, and Tashlich, where we walk to the beach and symbolically throw our sins to the sea. Our table on the first night is always adorned with a big fish head, which stares out at me a little disturbingly. It is a…

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