Successful Transitions in a Family Business

On this episode I am joined by Dr. Jim Grubman who is an internationally recognised consultant, speaker, and educator in the multidisciplinary field of family wealth psychology. He works with affluent families and their advisors to understand how wealth and life can be integrated successfully.On this episode we cover many different topics. We look at how different generations have reacted to recent events and experiences. We explore the role of governance and discuss what 'good governance' looks like and what it does for families in business. We explore the 'resilience' and what that really means during this current crisis. Many families are finding out what areas they have done well in and where they need to learn when it comes to both governance and succession (or transition) planning. We also look at the important role that advisers play in working with families during these transitions and the elements that make up the 'Generative Alliance' that can help family businesses to thrive. You can find out more about Jim here: www.jamesgrubman.comYou can connect with him on Linked In here: https://www.linkedin.com/in/jim-grubman-80b4289/And on Twitter here: @JimGrubman Resources mentioned on the episode include this article on the Tharawat Magazine site: https://www-tharawat--magazine-com.cdn.ampproject.org/c/s/www.tharawat-magazine.com/sustain/forged-in-fire-family-resiliency-in-crises/amp/