Jan 19, 2021
Most of us get a glimpse into the world of complex business families by watching shows like Succession and Dallas. Josh Baron, co-founder and Partner at BanyanGlobal, has had a front row seat to some of the world’s leading family enterprises and how those companies make difficult decisions during transition. Josh talked about his new book that he’s co-authored and published with the Harvard Business Review called How to Build and Sustain a Successful Enduring Enterprise. Listen in as Josh shares the five critical aspects of ownership influencing whether the company will have a successful transition to the next generation, or not.
Listen to learn more about:
- Five Core Rights that influence family ownership in businesses
- Using a Four Room Model for governance, decision making, and conflict management
- Different ways of approaching succession in multi-generational companies
- Beating the myths to have a family business that lasts for generations
Show links:
- BanyanGlobal website
- Four Rooms Model
- HBR Family Business Handbook: How To Build and Sustain a Successful Enduring Enterprise
- SmallDotBig.com and connect with host Laurie Barkman