Three factors that contribute to healthy family business ownership
A healthy business has an ownership group that is emotionally connected, well informed and capable of taking responsible decisions in the interests of various stakeholder groups....
Author
Peter Vogel
Peter Vogel is Professor of Family Business and Entrepreneurship, Director of the Global Family Business Center (GFBC), and Debiopharm Chair for Family Philanthropy at IMD, where he leads the Leading the Family Business, Leading the Family Office, and Lean Intrapreneurship programs. He is recognized globally as one of the foremost family business educators, advisors, and academics, and has received numerous awards and distinctions. He is the author of the award-winning books Family Philanthropy Navigator and Family Office Navigator.
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Three factors to consider before creating a family office
Family offices can provide great benefits, including motivation and strengthening cohesion by embedding and sharing goals and actions. However, decisions by the family office can also cause conflict among family members...
