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conflict

August 11, 2021

There has been a growing focus on mental health and work—but this has been restricted to startups and mental health in the workplace. We have conversations about employee wellbeing, but not about the health of the leader of the enterprise, or the next generation entrepreneur.

There has been a growing focus on mental health and work—but this has been restricted to startups and mental health in the workplace. We have conversations about employee wellbeing, but not about the health of the leader of the enterprise, or the next generation entrepreneur.

This is an important question to explore because it affects not only individual wellbeing, but also could affect the way business is conducted and may cascade down to employees.

July 22, 2021

Many articles or speeches about family businesses include a reference to the “three-generation rule,” which says that most don’t survive beyond three generations. But that perception could not be further from the truth.

If you’re a fan of the HBO show Succession, or if you’re aware of the conflicts playing out publicly and perennially among some of the most visible family businesses in the world—think the Murdochs or Sumner Redstone’s family—you might assume that family businesses are more fragile than other forms of enterprise.

June 18, 2021

Parents of all social classes want their children to be happy and safe, to find a path that nurtures and supports them as they find a meaningful place in the world. In families where there are substantial financial resources, these expectations tend to mirror a distinct set of cultural norms.

Parents of all social classes want their children to be happy and safe, to find a path that nurtures and supports them as they find a meaningful place in the world. In families where there are substantial financial resources, these expectations tend to mirror a distinct set of cultural norms.

May 28, 2021

Water, in many ways, is a proxy for life itself. Civilisations have sprung from fertile river valleys and along the trading routes of the seas. For NASA, when searching for extra-terrestrial life, the guiding principle has been to ‘follow the water’.

Water, in many ways, is a proxy for life itself. Civilisations have sprung from fertile river valleys and along the trading routes of the seas. For NASA, when searching for extra-terrestrial life, the guiding principle has been to ‘follow the water’.

What is water scarcity?

May 27, 2021

In the family council meeting in a city in India, the patriarch of the fast-moving consumer goods family business proudly proclaimed: “I have blocked a bed, nurse, doctor, oxygen cylinder and injection, which will be available for anyone of us if we fall prey to Covid-19. I’m not taking any chances.”

In the family council meeting in a city in India, the patriarch of the fast-moving consumer goods family business proudly proclaimed: “I have blocked a bed, nurse, doctor, oxygen cylinder and injection, which will be available for anyone of us if we fall prey to Covid-19. I’m not taking any chances.”

A hand went up: “Uncle, what if more than one of us needed it at the same time?” He smiled and said not to worry.

May 26, 2021

The British royal family, like many family businesses, has had its share of difficulties lately. Prince Harry, previously viewed as one of the great modernising influences, has become more distant from the traditional business after marrying Meghan Markle.

The British royal family, like many family businesses, has had its share of difficulties lately. Prince Harry, previously viewed as one of the great modernising influences, has become more distant from the traditional business after marrying Meghan Markle.

Meanwhile, his father Prince Charles has been waiting many years to take over; his uncle, Prince Andrew, has been caught up in an international scandal; and to cap it all, the Queen recently lost her husband, Prince Philip, after 74 years of marriage.

May 7, 2021

Does it make sense to professionalise the management of my wealth (or that of my family), treating it in a manner comparable to how I treat my company or other businesses? In other words, should we create a family office?

Does it make sense to professionalise the management of my wealth (or that of my family), treating it in a manner comparable to how I treat my company or other businesses? In other words, should we create a family office?

January 20, 2021

Two brothers sharing ownership in a successful fourth-generation concrete business had a bitter falling-out triggered by an unlikely issue: a sailboat. The older sibling accused his younger brother of dipping into the company till to support his racing habit.

Two brothers sharing ownership in a successful fourth-generation concrete business had a bitter falling-out triggered by an unlikely issue: a sailboat. The older sibling accused his younger brother of dipping into the company till to support his racing habit.

October 29, 2019

Philippe J Weil, author and family office principal, has drawn from his personal and professional experience of dealing with families of wealth over 30 years to write his new book Woes of the Rich: Seeing Beyond the Money.

CampdenFB presents this extract from the book in which the author considers the real value and consequences of wealth—and what he counselled when money threatened to tear families apart.

Philippe J Weil, author and family office principal, has drawn from his personal and professional experience of dealing with families of wealth over 30 years to write his new book Woes of the Rich: Seeing Beyond the Money.

CampdenFB presents this extract from the book in which the author considers the real value and consequences of wealth—and what he counselled when money threatened to tear families apart.

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