Blog - News & Articles | Family Business Matters

Family Business Matters Presents “The Bork Process”

Join David Bork and the Family Business Matters Consulting Team for "The Bork Process™", a two-day, cutting-edge workshop from April 12-13 in Miami, FL. This stellar seminar is the product of David’s accumulated wisdom from 50 years of expertise working with over 450 family businesses all over the world and is intended to be a deep dive into some of the BEST international family business practices, grounded in the Four Pillars of Family Business: Alignment, Boundaries, Communication and Competency.

By |2018-10-29T05:31:28+00:00January 26th, 2018|Categories: Announcement, Speaker|

Leading the Way: Europe’s First Executive MBA for Family Business

Leading the Way: Europe’s First Executive MBA for Family Business LeadersHave you heard about Europe’s first Executive MBA for family business leaders? Not only it is the first-of-its-kind degree program in Europe, but it is also the only Family Business MBA that has been accredited by the Association of MBAs (AMBA), the prestigious executive MBA accreditation group.

David Bork Writes Forward for MAPS for Men Book, a Must-Have Resource for any Family Business

David Bork Writes Forward for MAPS for Men BookDavid Bork is proud to have contributed the forward for the book, MAPS for Men: A Guide for Fathers and Sons and Family Businesses. New York Times best-selling author and nationally syndicated radio show host Dave Ramsey calls this important book “a must-have resource for any and every family business."

Top Ten Family Business Facts | Fact #2: The Cluster Model Helps Capture the Evolution of Your Family Business Over Time

The Cluster Model Helps Capture the Evolution of Your Family Business Over TimeTraditionally, family businesses are described as constituent of three overlapping circles: 1) the family, 2) the business, and 3) the ownership (Gersick, Davis, McCollom Hampton, & Lansberg, 1997; Tagiuri & Davis, 1996). Recently, Michael-Tsabari, Labaki, & Zachary (2014) suggested the Cluster Model to update the two and three-circle models by providing a more detailed picture of the circles’ evolution over time.

Special Report on Family Business in The Economist: What You Need to Know

Special Report on Family Business in The Economist: What You Need to KnowFar from declining, family firms will remain an important feature of global capitalism for the foreseeable future, argues Adrian Wooldridge.”

So begins a recent special report on family businesses published by The Economist.

Top Ten Family Business Facts | Fact #1: Economies Around the World Depend on Family Businesses

Economies around the world depend on family businessesDid you know that the success and growth of your family business matters to many people? In fact, your country’s economy may depend on it. Statistics show that family businesses are predominant throughout the world and contribute the most to the growth of worldwide economies.

Family Constitutions and Other Related Matters

Family constitutions are a form of governance that sets up structure to regulate the manner in which family business matters are handled. A family constitution has the effect of helping a family run an efficient, effective, customer-focused and community-focused business. This type of focus ups the ante on the quality of behavior inside a family enterprise.

By |2017-07-10T13:52:11+00:00May 17th, 2015|Categories: Articles|

Corporate Governance in Family Business

Corporate governance in family business is essential for long-term success. Family businesses that have survived over the generations have an internal governance structure that parallels the structures found in leading businesses around the world. Such structures provide an internal discipline on how family and non-family members will function within the business.

By |2017-07-10T13:52:11+00:00May 17th, 2015|Categories: Articles|

Rules of Engagement

A policy for how family members will be permitted to participate in the family business can be referred to as Rules of Engagement. Family business rules are often manifested in the form of a Family Business Employment Policy. Family members working in the family business must show up, produce and perform to the same standards as non-family employees.

By |2017-07-10T13:52:11+00:00May 17th, 2015|Categories: Articles|

Transfer of Control in Family Business

All owners of a family business eventually must consider a family business transfer from one generation to another. For a smooth transfer, families are encouraged to make a fully documented, comprehensive plan for all the things that must happen in the business and in their families so that transfer of control can occur in a timely manner.

By |2017-07-10T13:52:11+00:00May 17th, 2015|Categories: Articles|

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

 

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