What Sets Family Businesses Apart

Josh Baron and Rob Lachenauer, cofounders of BanyanGlobal Family
Business Advisors, say that a family-run company has more
flexibility than its publicly-traded counterpart to build a legacy
and grow sustainably for the long term. But making critical
decisions when there are family dynamics can be extremely
challenging. They offer approaches to understand the real impact of
ownership and effectively manage conflict. Lachenauer and Baron
wrote “The Harvard Business Review Family Business Handbook: How to
Build and Sustain a Successful, Enduring Enterprise.”