Category: Wingspan Insights
Before the Deal: Preparing the Family for the Sale of the Business
Selling the family business is more than a financial decision—it’s a turning point for founders, Rising Gen members, and the family as a whole. This guide outlines key questions, roles,...
“We’ll Figure It Out When I Get There” Is Not a Career Plan: The Case for Clear Roles and Responsibilities for Rising Gens
Too many Rising Gens enter the family business without a real title, job description, or clear expectations. This article explores why defined roles and responsibilities aren’t just helpful—they’re essential for...
Avoiding Conflict Over Pay in a Family Business
Paying relatives in a family business can get emotional fast. This article offers guidance on how to set compensation that’s fair and competitive—while keeping the peace at home and in...
Power and Responsibility: The Trade-Offs of Concentrated Ownership
Exploring the benefits and risks of concentrated ownership, this article examines how control in the hands of a few—whether families, founders, or long-term investors—can drive strategic clarity or lead to...
From Inheritor to Initiator: The Rising Gen’s Role
The Rising Gen’s role doesn’t start with control—it starts with curiosity. This piece explores how asking thoughtful questions and initiating honest conversations can shape the future of your family’s legacy.
Talent, Trust, and Tenure: The Role of LTIPs in Family Businesses
LTIPs can help family businesses attract and retain top talent by aligning rewards with growth while preserving family ownership. This article explores how LTIPs support leadership stability, succession planning, and...
Bridging Tradition & Tomorrow: Empowering the Rising Gen in Family Business
This article explores how family enterprises can embrace innovation, empower the Rising Gen, and pursue strategic growth to thrive across generations.
The Conversations We Avoid: Succession, Retirement, and Age
The belief that a business leader has to be a certain age to step down (or to take the reigns) leads to stagnancy and unrealized potential. At a recent talk...
Family Constitutions: A Rising Gen Opportunity
Family constitutions provide a roadmap for governance, values, and decision-making. This article explores how involving the Rising Generation in their creation strengthens continuity, fosters alignment, and ensures long-term success
