Governance
Patricia is a prolific author and widely-considered expert on the subject of Governance. Below you’ll find several of her most sought-after considerations.
From Textiles to Multi-generational Wealth: The Shah Family Enterprise
By Patricia M. Angus – Originally published on Columbia CaseWorks, Spring 2024 What are the factors that drove a family-owned chemical company’s success, and how can the family balance monetization of the business with the desire to continue the legacy?
Your Family Business Needs a Board
By Patricia M. Angus, published in Harvard Business Review, September 08, 2022 A board should be at the helm of any family business, steering the business in the right direction. If you wish to have a business that is resilient and…
The Purpose and Power of Family Governance
By Patricia M. Angus – Originally published as a blogpost for NCFP, June, 2021Excerpt from “Passages Issue Brief: Enhancing Your Family Philanthropy with The Family Governance Pyramid” by Ms. Angus. Over the past few decades, practitioners and academics from various disciplines…
Guidance for Family Offices: How to approach ESG investing
By Patricia Angus and Camille Korschun – Originally published in Family Enterprise Insights, March 2021 Introduction: Environmental, Social, and Governance investing (ESG investing) is an approach that incorporates factors beyond financial return in an investment decision. Namely, the investor incorporates…
Family Enterprise in the Spotlight: Key Takeaways from the Sackler Family Enterprise Story
By Patricia M. Angus – Originally published by Columbia Business School Family Business Program in 2020 Introduction: Prior to the COVID-19 pandemic, the opioid crisis was considered by many to be the greatest public health threat to the well-being of…
Who’s in Charge?
A new model for understanding family business ownership By Patricia M. Angus – Originally published in Trusts & Estates, March 2019 Family businesses are complex in many ways. They’re inevitably a mix of entrepreneurial spirit, family connections, business challenges and evolutionary processes…
House of Redstone: Family Enterprise in Three Acts
By Patricia M. Angus – Originally published on Columbia CaseWorks, Fall 2018 What family enterprise, ownership, and governance lessons can be gleaned from the multigenerational saga of the Redstone family?
Governance for Business-Owning Families (Part II): It starts at the top
By Patricia M. Angus – Originally published in WealthManagement.com March 2018 The world is full of family businesses. Literally. Most of the world’s businesses are owned, controlled and often managed by a group of family members.1 These families face challenges…
Six Ways To Improve Family Business Governance
All business-owning families already have governance in place on multiple levels, but it’s often overlooked. By Patricia M. Angus – Originally published in Trusts & Estates, March 15, 2017 Families who own businesses often overlook the challenge that is “governing” all…
Governance for Business-Owning Families (Part I): An often overlooked challenge
By Patricia M. Angus – Originally published in WealthManagement.com March 2017 Families who own businesses face a challenge they often overlook, that is, “governing” all that they do together inside, and outside, of the business. Admittedly, governance itself is fraught…
Pritzker Family Enterprise: A Family Governance Case Study
By Patricia M. Angus – Originally published on Columbia CaseWorks Fall 2013 What does the Pritzker family story, one of the wealthiest and most philanthropic families in the United States, tell us about family governance?
Family Meetings Come of Age: How to create an effective forum for all generations
By Patricia M. Angus – Originally published on WealthManagement.com, 2013 As older members of the Baby Boom generation were reaching adulthood, I spent many an hour watching the bevy of TV shows that were focused on the ways that the…
What is a family council and when should a family consider establishing one?
By Patricia M. Angus – Originally published by National Center for Family Philanthropy, October 15, 2012 Many families with multiple branches may elect to set up a Family Council. While the particular roles and responsibilities of Family Councils vary across…
Family Governance Meets Family Dynamics: a Survey and Strategies for Successful Joint Philanthropy
By Patricia M. Angus and Fredda Herz Brown, Ph.D. – Originally published on NCFP Passages in 2007. The Smith family* had been running their foundation for about four years when it hit a roadblock. Mr. and Mrs. Smith, in their…
A Road Map: Choosing Advisors To Help Your Family With Governance and Family Dynamics
By Jane N. Abitanta, Patricia M. Angus, and Fredda Herz Brown – December 7, 2006 General Tips for Your Selection Process 1. Consider this a learning experience having a number of firms and/or individuals to choose from will help your…
The Family Governance Pyramid: From Principles to Practice
By Patricia M. Angus – Originally published in Journal of Wealth Management in 2005 Virtually every family of significant wealth lives within a family governance system, yet few know that this is the case and even fewer know how to…
Family Governance: A Primer for Philanthropic Families
By Patricia M. Angus – Originally published on NCFP Passages in 2004. Families who engage in philanthropy together have a unique opportunity to make a positive impact on the world and to share an experience that can enrich their lives…
From Textiles to Multi-generational Wealth: The Shah Family Enterprise
By Patricia M. Angus – Originally published on Columbia CaseWorks, Spring 2024 What are the factors that drove a family-owned chemical company’s success, and how…
Your Family Business Needs a Board
By Patricia M. Angus, published in Harvard Business Review, September 08, 2022 A board should be at the helm of any family business, steering the business…
The Purpose and Power of Family Governance
By Patricia M. Angus – Originally published as a blogpost for NCFP, June, 2021Excerpt from “Passages Issue Brief: Enhancing Your Family Philanthropy with The Family Governance…
Guidance for Family Offices: How to approach ESG investing
By Patricia Angus and Camille Korschun – Originally published in Family Enterprise Insights, March 2021 Introduction: Environmental, Social, and Governance investing (ESG investing) is an…
Family Enterprise in the Spotlight: Key Takeaways from the Sackler Family Enterprise Story
By Patricia M. Angus – Originally published by Columbia Business School Family Business Program in 2020 Introduction: Prior to the COVID-19 pandemic, the opioid crisis…
Who’s in Charge?
A new model for understanding family business ownership By Patricia M. Angus – Originally published in Trusts & Estates, March 2019 Family businesses are complex in many…
House of Redstone: Family Enterprise in Three Acts
By Patricia M. Angus – Originally published on Columbia CaseWorks, Fall 2018 What family enterprise, ownership, and governance lessons can be gleaned from the multigenerational…
Governance for Business-Owning Families (Part II): It starts at the top
By Patricia M. Angus – Originally published in WealthManagement.com March 2018 The world is full of family businesses. Literally. Most of the world’s businesses are…
Six Ways To Improve Family Business Governance
All business-owning families already have governance in place on multiple levels, but it’s often overlooked. By Patricia M. Angus – Originally published in Trusts & Estates,…
Governance for Business-Owning Families (Part I): An often overlooked challenge
By Patricia M. Angus – Originally published in WealthManagement.com March 2017 Families who own businesses face a challenge they often overlook, that is, “governing” all…
Pritzker Family Enterprise: A Family Governance Case Study
By Patricia M. Angus – Originally published on Columbia CaseWorks Fall 2013 What does the Pritzker family story, one of the wealthiest and most philanthropic…
Family Meetings Come of Age: How to create an effective forum for all generations
By Patricia M. Angus – Originally published on WealthManagement.com, 2013 As older members of the Baby Boom generation were reaching adulthood, I spent many an…
What is a family council and when should a family consider establishing one?
By Patricia M. Angus – Originally published by National Center for Family Philanthropy, October 15, 2012 Many families with multiple branches may elect to set…
Family Governance Meets Family Dynamics: a Survey and Strategies for Successful Joint Philanthropy
By Patricia M. Angus and Fredda Herz Brown, Ph.D. – Originally published on NCFP Passages in 2007. The Smith family* had been running their foundation…
A Road Map: Choosing Advisors To Help Your Family With Governance and Family Dynamics
By Jane N. Abitanta, Patricia M. Angus, and Fredda Herz Brown – December 7, 2006 General Tips for Your Selection Process 1. Consider this a…
The Family Governance Pyramid: From Principles to Practice
By Patricia M. Angus – Originally published in Journal of Wealth Management in 2005 Virtually every family of significant wealth lives within a family governance…
Family Governance: A Primer for Philanthropic Families
By Patricia M. Angus – Originally published on NCFP Passages in 2004. Families who engage in philanthropy together have a unique opportunity to make a…