Creating strong connections between you and your family and the wider world
When it comes to Family Ownership, there are certain beliefs that are echoed throughout this delicate ecosystem with little to no foundation. In this article we break these myths down and offer fresh perspectives on topics like governance, generational involvement, and the implications of selling a family-owned business.
In this article, Maria Villax, Head of Family Strategy & Governance at Bedrock, introduces family charters – a critical tool in maintaining effective governance and a lasting legacy for family wealth.
Effective family governance helps preserve the family’s legacy, promotes unity, and ensures that all members are prepared to contribute meaningfully to the family’s future. We provide essential best practices to help you build a robust family governance framework.
Creating a succession plan that protects family legacy is a process that demands careful planning and consideration. We offer a checklist for building a lasting family legacy, with essential steps to ensure a smooth transition and the sustained growth of your family’s vision and wealth.
Family disputes and relationship breakdowns are among the most feared challenges for families, yet differing viewpoints and priorities are inevitable. In this article, we discuss effective conflict resolution strategies for families facing tough decisions while maintaining cohesion.
Find out how families can adopt a more inclusive, collaborative, and creative approach to educating and empowering the next generations on what it means to be wealth holders.
It is common to see members of the next generation in their 30s occupy a seat on the board of directors. This is desirable as it’s a very important interaction point with the business or the family’s assets, where they learn about strategy and create the family’s vision for the future. But as with most things, there is a good and a bad way to go about it. In this article, Maria Villax, Head of Family Strategy & Governance at Bedrock explores how next gens can prepare for a seat on the board.
