Corruption in family business: Lessons from the flood control outrage, Part 2
The Cost of Conflict of Interest in Family Enterprises
“Turning a blind eye to conflict of interest is the fastest way to destroy wealth and...
Corruption in Family Business: Lessons from the Flood Control Outrage
(Part 1: When Power Becomes a License to Enrich the Few)
THE Philippines has recently been rocked by revelations of large-scale corruption in flood control...
Weathering the Storm: Crisis, Unity to Growth
“FOR FAMILY businesses, the message is clear: governance may steady the ship, but only shared purpose gives it the power to sail through storms.”
From...
The power of shared purpose: How CP Group grew to $96.5B
EXACTLY 10 years ago this year, I was formally invited by CP Group through the Panyapiwat Institute of Management (PIM) after lecturing at Chulalongkorn...
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: 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...