Ask the expert: Extended board observation
All family members should attend at least one of their family business board meetings. Observing a board meeting helps family members understand the fiduciary role
Family Governance
All family members should attend at least one of their family business board meetings. Observing a board meeting helps family members understand the fiduciary role
Think about this for a second: Only 3% of family businesses make it to the fourth generation. That means 97% do not. Meanwhile, 80% of the businesses
Would you like to have more influence, or would you like to see some of the less powerful members listen to a little more? According
Families who own family businesses are essentially a closed system. It’s not unusual for family members to share similar values, and grow up in the
Someone asked me the other day what the “secret sauce” was in managing family conflict. I thought that was pretty funny because the definition of
I was recently interviewed by a family for a consulting job. I was one of three consultants they were interviewing. At first, I was extremely
Many people think communication differences are mostly generational. But even within generations, people have different preferences when it comes to communication. Different Communication StylesMost people
So many businesses make investments that will pay off in future generations, and yet they’re not paying attention to their future generations. The next generations’ readiness
Once a family determines the role of a family director, a family can then determine what qualities a family director should have. After that, the
Many families I know like to keep the peace. It’s entirely understandable because family arguments feel like they shake the foundation of everything that has
Connect with Meghan
Meghan Juday Advisory – Learn more about her work helping families establish or refine family or corporate governance
Speaking – Discuss upcoming speaking opportunities, whether at a conference, podcast, or interview.
Advocacy – Learn more about Meghan’s work with women in family business leadership, including her work with The Lodis Forum