Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...

For many owners, the business is both their life’s work and their family’s most significant asset. Yet too often, succession planning is deferred until a health scare, an unsolicited offer, or a key ...

Leo Tolstoy begins Anna Karenina with the line: “Happy families are all alike; every unhappy family is unhappy in its own way.” Much the same can be said for successful multi-generational family ...

Cognitive decline poses unique risks to family businesses. Learn essential planning strategies beyond wills to protect ...

Succession planning needs to be the focus of businesses. Current leadership should always be on the lookout for talented people to train and develop into future leadership roles. The seamless ...

Matthew Reeves is the CEO of Together, a mentorship platform that empowers organizations to pair every employee with a relevant mentor. Succession planning—a strategic process to identify and develop ...

Although a board of directors’ top responsibility is CEO succession planning, too many fail to adequately engage in the process. It was a pivotal moment in my career—I had just been named CEO of ...

What Is Family Business Valuation? Family business valuation refers to the process of determining the economic value of a business owned and operated by family members. This value is critical for ...

Succession planning is a strong focus and a global practice at Lombard Odier but it’s rooted in Europe, and this year it is Western Europe’s best for succession planning. The wealth-planning team ...