
The Choice to Stay Begins with the Option to Leave
A family shareholders’ meeting. A cousin in her forties, who has held shares for almost twenty years and has never worked in the business, waits
Every LGA article represents the authentic insights, strategies, and first-hand experience of our global advisory team. Client scenarios are drawn from actual advisory engagements and anonymized to protect confidentiality. Furthermore, each article undergoes rigorous internal peer review to capture our collective wisdom and deliver actionable strategies for enterprising families committed to multigenerational success.

A family shareholders’ meeting. A cousin in her forties, who has held shares for almost twenty years and has never worked in the business, waits

A CEO-Chairman partnership, like any other meaningful human partnership, isn’t something that happens to you. It’s something you build, day after day, conversation after conversation, and there’s always room for improvement.

In this episode of the LGA Lighthouse podcast, host Tim Yeung is joined by seasoned economist Dimitris Valatsas, an LGA advisor that specializes in helping family enterprises and family offices navigate complex geopolitical and macroeconomic changes.

In a family business, conflict is often perceived as a threat to the family’s very core. When siblings disagree, or when parents and children argue about the business, the stakes go far beyond strategy or finances. The deeper fear is that the relationship itself may crack. The possibility that a disagreement could damage the family creates real, often overwhelming anxiety. It can feel like there’s no safe way forward.

Sometimes, the most dangerous moments in the life of a family business are actually the quiet ones. The moments where everyone is smiling around the holiday table, but beneath the surface, unspoken tension simmers. We tend to think that silence is a sign of harmony, but when it stems from the fear of raising explosive topics, it is not harmony, it is a ticking clock.

I tried to watch the award-winning HBO series on numerous occasions, stopping repeatedly, not because it wasn’t brilliant, but because it was brutal. The cynicism, humiliation, and constant power games felt too extreme. For anyone working closely with multi-generational family enterprises, this world of perpetual chaos and zero-sum power felt not only far removed from our reality, but was also a painful mirror reflecting everything that causes a family enterprise to fail.

In this episode of the LGA Lighthouse Podcast, host Tim Yeung speaks with psychotherapist and author Dr. Dana Dorfman about her book, When Worry Works: How to Harness Your Parenting Stress and Guide Your Teen to Success. They discuss how parents, especially those in successful family enterprises, can transform their achievement-driven anxiety into intentional, values-based parenting.

In light of the many crises that haunt the daily news cycle, there is one segment of the corporate landscape that seems to be weathering the storm better than most: family businesses.

In principle, everyone in a family business, from shareholders and board members to executives and employees, has a right to their own politics.
Families increasingly use entrepreneurship funds to finance and benefit from new ideas among members.