I really enjoyed this conversation with  Elena Iacono  on her Echoes of Us podcast . As Elena put it, legacy work “isn’t about ego or stature. It’s about guiding the future by building capacity—capacity for confidence, clarity, and good judgment when it matters most.” We talked about how families can pass on more than money—by equipping the next generation to face real decisions thoughtfully and with a clear sense of purpose. If your family is thinking about how to do that we

I’m grateful to the editors at  FamilyBusiness.Org  for publishing my new article on how leadership readiness develops across generations in enterprising families. In conversations with founders and senior leaders, I often hear a quiet tension: a desire to prepare the next generation for greater responsibility while also protecting the principles and decisions that built the enterprise.  On the other side, rising leaders often want to contribute more, but aren’t always sure h

That was the central question  Doug Baumoel  and I explored at the  The Family Firm Institute - FFI  Global Conference in Boston in October. Entrepreneurs build extraordinary enterprises through clarity, conviction, and individual drive. Yet as family enterprises mature, the developmental task shifts: From one leader to many stewards From singular vision to collective capability From “I know the way” to “we can find the way together” This transition isn’t automatic. It’s a le