It has been a hectic week. Your client and his wife are coming to your office for a meeting at 1:00 P.M. today. He sends you an email to inform you that he plans to bring his young adult kids, who happen to be in town for the week, along to the meeting. He asks
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“If your organization can adopt the concept of intelligent failure, it will become more agile, better at risk taking, and more adept at organizational learning” (Rita McGrath, Failing by design. HBR (2011):89.4, 76-83) Because of fear of failure and lack of know-how, many parents create the outcomes in their children that they
Read moreOne of the greatest wealth-related concerns that keep parents up at night is how to ensure their wealth does not have a deleterious affect on their children (heirs). In some cases, no matter how hard the parents have tried to properly prepare their children, the children may still make irresponsible and sometimes destructive choices. For
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