Advisers & Consultants

Declaring Board Independence

Family business leaders often fear that an independent board will cause them to lose control of their companies. That fear, says Joe Schmieder, a principal...

The Private Company Board

In today’s business environment, CEOs and owners of privately held businesses have a host of options to get valuable input, fresh ideas and a...

Family and Board Dynamics at a $3 Billion Enterprise

As The Duchossois Group has evolved over 102 years, so has its governance. A few years after Craig Duchossois took over management of his family’s...

Policies help family businesses meet challenges

In addition to general business challenges—like the economy, competition and the need for product innovation—family-owned companies must contend with issues unique to family businesses,...