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Succession

April 4, 2022

With a family line that dates to the year 1000, Octavian Pilati learnt from an early age the weight and importance of legacy. But when a crisis saw him taking over the family business at the age of 26 and subsequently shepherding a successful exit, he saw an opportunity to break out on his own and advise others of the pitfalls of fractured family dynamics and unclear succession planning.

With a family line that dates to the year 1000, Octavian Pilati learnt from an early age the weight and importance of legacy. But when a crisis saw him taking over the family business at the age of 26 and subsequently shepherding a successful exit, he saw an opportunity to break out on his own and advise others of the pitfalls of fractured family dynamics and unclear succession planning.

April 4, 2022

The chairman of Campden Club’s two-day event on March 30 and 31 talks to Campden FB about his main takeaways.

The chairman of Campden Club’s two-day event on March 30 and 31 talks to Campden FB about his main takeaways.

Over two days at The Grand Hyatt Hotel in Berlin, members of ultra-high-net-worth financial families took part in a series of revelatory presentations and sessions in which the subject of legacy, pertaining to the three key pillars of purpose, people and profit, was discussed.

March 18, 2022

With a well-earned reputation for being one of the world’s finest boarding schools, the Institut auf dem Rosenberg has long instilled entrepreneurial skills and attitudes in its students. Now, with a new cutting-edge program teaching the benefits of technology, they’re preparing the next generation for whatever the 21-Century has in store.

With a well-earned reputation for being one of the world’s finest boarding schools, the Institut auf dem Rosenberg has long instilled entrepreneurial skills and attitudes in its students. Now, with a new cutting-edge program teaching the benefits of technology, they’re preparing the next generation for whatever the 21-Century has in store.

Humanix is the first curriculumin the world to train students' cognitive capacities and literacy through the study of human connectiveness.

March 17, 2022

It’s an issue that often comes up in conversation with family business clients: the enthusiasm of the next generation to be involved in running the business may be waning says KPMG partner Ian Beaumont.

It’s an issue that often comes up in conversation with family business clients: the enthusiasm of the next generation to be involved in running the business may be waning says KPMG partner Ian Beaumont.
 

Different horizons

March 14, 2022

The family talent advisor, successor development coach and former head of the Musgrave family council talks to Campden FB about successful successorship, encouraging talent and the importance of being fully informed.

A fifth-generation family business owner, family talent advisor and successor development coach and mentor, Philip Mackeown knows more than most about the importance of nurturing family talent.

A member of the renowned Irish wholesale and trading Musgrave family, Mackeown has worked in his family business as an executive and non-executive family director and head of the family council.

January 17, 2022

Resources for bespoke wealth management and responsible governance strategies are in growing demand from restructuring family offices in their pursuit of new investment opportunities in new markets.

Resources for bespoke wealth management and responsible governance strategies are in growing demand from restructuring family offices in their pursuit of new investment opportunities in new markets.

December 20, 2021

The Dhawan family of India is taking their company SSF Plastics to the next level in family business evolution through initiatives in professionalisation, diversification, sustainability and engaging the next generation.

The Dhawan family of India is taking their company SSF Plastics to the next level in family business evolution through initiatives in professionalisation, diversification, sustainability and engaging the next generation.

Saurabh Dhawan (pictured), the second generation family member leading business development, says the Mumbai-headquartered, self-described one-stop solution provider for all rigid plastic packaging needs has also been venturing into multiple startups, with next-gens at the helm.

December 9, 2021

Philanthropic activity is broadly a family affair that may involve carrying the reigns and building on the activity of previous generations, creating programmes for closeknit family units, equipping the next generation with the habits and skills they will cherish, or creating a sense of identity for large and disparate family groups.

Philanthropic activity is broadly a family affair that may involve carrying the reigns and building on the activity of previous generations, creating programmes for closeknit family units, equipping the next generation with the habits and skills they will cherish, or creating a sense of identity for large and disparate family groups.

Indeed, 77% of philanthropists noted that strengthening family bonds was one of the primary benefits of philanthropic activity.

December 8, 2021

There is careful planning involved at every stage of the business life-cycle, such as launching new product lines, entering new markets and moving into adjacent industries. An owner-managed business would be adept at managing such transitions, and the rigorous planning that precedes them.

There is careful planning involved at every stage of the business life-cycle, such as launching new product lines, entering new markets and moving into adjacent industries. An owner-managed business would be adept at managing such transitions, and the rigorous planning that precedes them.

Why is it then, that a different logic should apply when faced with the question of planning for succession to the family business?

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