Interested in continuity in family business? Not sure how to start that conversation with clients? The Institute of Family Enterprise Advisors has issued a thoughtful new guide on exactly these points. In just a few pages it offers "quick tips" as well as more in depth advice from some of the leading consultants in the field. Wise Counsel's Dennis Jaffe and Keith Whitaker are honored to be included.
JP Morgan, in collaboration with Wise Counsel's Dennis Jaffe, has just published a fascinating study of Asian family enterprises. Some of the headlines from this analysis of 140 large, multi-generational families include the families' top concerns (#1: fairness to the rising generation), their top leadership values, overall preparedness (or rather unpreparedness) with regard to transition and family employment policies, and practices concerning board composition, talent development, and exit strategies. All students of family governance will find in this study an invaluable glimpses into succession principles and practices. It also includes a great section on the practicalities of family meetings by Christian Stewart of Family Legacy Asia.