The lost compass: Why family enterprises do not last three generations
“Governance without shared purpose is structure without soul.”
In Part 1 of this series, we explored the dangers of a family enterprise without a shared...
Why families without shared purpose cannot endure
“Without a shared purpose, family businesses don’t just lose profits — they lose each other. And when the family fractures, the enterprise inevitably follows.”
IN...
Equal division of shares is a red flag, Part 2
AS WE transition from defining roles and responsibilities to more concrete governance structures, the next essential step in ensuring effective ownership governance is the...
Equal division of shares is a red flag, 1
OWNERSHIP governance goes beyond the mere division of shares; it is about establishing a framework that safeguards the longevity and success of the family...
Why reluctance to enforce governance can destroy family harmony
FROM TORONTO, I sought a few days' extension to visit a family in the Middle East — a case I had already been briefed...
When wealth breeds conflict:Â Governance as key to family business survival
BY PROF. ENRIQUE M. SORIANO
ONE TRUTH has become increasingly clear: enduring family businesses succeed not merely because of their financial strength but because of...
To reach 100 years, build the foundation of unity and change
BY PROF. ENRIQUE SORIANO
AS 2024 came to a close recently, families across the world gathered in celebration, reflecting on their shared history and looking...
Why developing leadership is essential for long-term success
BY PROF. ENRIQUE SORIANO
(Last Part)
IN PART 2 of this series, we explored the critical role of mentorship in preparing the next generation for leadership...
Why developing leadership in family businesses essential for long-term success
BY PROF. ENRIQUE SORIANO
(Part 2)
AS WE EXPLORED in Part 1, the distinction between merely naming a successor and developing a true leader is fundamental...
Why developing leadership in family businesses is essential for long-term success
BY PROF. Enrique Soriano
IN FAMILY businesses, leadership succession is often viewed as a simple passing of the baton from one generation to the next.
However,...