Guest lecture at Baylor University, “Managing the Family Firm”

06 Mar Guest lecture at Baylor University, “Managing the Family Firm”

Thanks again to Dr. Worthington and Baylor University for having me present “Governance in the Family Firm”.  Key topics covered during presentation:

• The need for governance
• How to set up a family council
• The importance of shared vision
• How to prepare heirs for stewardship rather than entitlement
• The cost of doing nothing
• Some of the key roadblocks to implementation; denial, inertia and naiveté