Perspectives

Notes on how families stay in business together.

Short essays drawn from nearly two decades inside a multi-generational family enterprise, and from a teaching case on that family’s evolution.

Essay · Identity

From family business to enterprising family

A family business owns a company. An enterprising family owns a way of working. The shift begins when a family separates who it is from what it currently owns.

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[Draft, from teaching case, Eric to approve]

Essay · Patience

Patience is not the same as never selling

Long-term orientation is a strength until it becomes inertia. How a family can tell the difference, and decide to sell without feeling it has failed.

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[Draft, from teaching case, Eric to approve]

Essay · After the sale

What keeps a family in business together?

When the operating company is sold, the daily reason to gather disappears. Money alone is not family glue. Purpose, governance and shared work have to take its place.

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[Draft, from teaching case, Eric to approve]