The dangers of hiring an inexperienced family consultant
BY PROF. ENRIQUE SORIANO
BARCELONA, Spain – One of the most difficult tasks for a family business with an autocratic founder or having second-generation siblings (oligarch...
Is your family qualified to have a family constitution?
BY PROF. ENRIQUE SORIANO
MAYBE not.
Let me share the heartaches of three family members belonging to three different families. They all went through the process of...
The cost of weak governance: Business failure and family conflict
BY ENRIQUE SORIANO
WHERE governance goes, succession follows, good, bad or worse. Critical factors like aligning values and having a shared purpose should never be a side dish or...
Whose fault is it when siblings fight in the business?
BY PROF. ENRIQUE SORIANO
IN TODAY’S article, we will dwell on “strategy-based rivalry” or, more appropriately, “work-based conflict” among adult children.
In my years of mediating...
Why do siblings fight for control and money?
BY PROF. ENRIQUE SORIANO
WE REMEMBER this line by Dr. Erica Goldblatt Hyatt, “Siblings are our partners and rivals, our first friends, and our first...
Sibling rivalry can be disruptive, Part 2
BY PROF. ENRIQUE SORIANO
EVERY founder’s dream is to watch their children grow up to become responsible adults, eventually join the business, and work as a team...
‘The trouble is, you think you have time.’
BY ENRIQUE SORIANO
THIS QUOTE is often attributed to the Buddha. In simple words, we procrastinate by putting off important things because we think we have...
Successful succession: a founder’s test of greatness
BY PROF. ENRIQUE SORIANO
THE MOST recent successful succession (and transformation) in Asia happened in 2019. It was initiated by the late industrialist John Gokongwei...
Stop the hate. Start the Conversation
BY ENRIQUE SORIANO
“EVERY family business is unique and complex in its own way, so boilerplate solutions don’t always work. Still, there are common rules...
Stop building a business; start building your legacy (Continued from Aug. 22, 2022)
BY PROF. ENRIQUE SORIANO
Management and Ownership Succession to the most deserving
Should management and ownership continue in the family? Should the next business leader be...