Lansberg·Gersick & Associates
Advising the world's leading family enterprises
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Family Continuity

Evolution of dynamics within enterprising families

Families are the essential building blocks of any society. All families strive to enhance the quality of life for their members, through mutual concern and affection, roles and leadership, family culture and style. But business families face additional challenges.

They must learn how to be not only good relatives, but also good partners. Too often the organizational needs of the family circle are overlooked by enterprise families, as they focus on strengthening business operations and financial planning. Our work with client families gives attention to the continuity needs of all three circles.

Regarding family continuity, the four primary service areas are Family Assemblies, Family Councils, Family Offices and Family Foundations.

Family Assemblies

The periodic gathering of the entire family to keep current on their interests in common, and to sustain commitment to the collective enterprise. Read more »

Family Councils

A "board of directors" for the extended family, attending to ongoing governance and planning, family values, preparation of rising generations for participation and eventual leadership, and the maintenance of family communication and rituals. Read more »

Family Offices

The majority of our client families have decided to formalize a Family Office to serve the financial and professional needs of family members: investment management, estate planning, insurance, tax planning and preparation, legal services, family staffing, philanthropy, and security. Read more »

Family Foundations

Most enterprise families are philanthropic in multiple channels.  We work extensively with family foundations, and integrate their activities with family corporate responsibility programs, donor advised funds. and personal giving by individuals and family branches. Read more »

A variety of governance bodies, policies and procedures are available in all three circles to help facilitate the ownership and management of a family enterprise.

Contact us to learn more about our work supporting family continuity.