When Personal Matters Shape the Direction of a Family Businesses in the Boardroom

In many family businesses, the boardroom is more than a venue for strategic decisions. It frequently becomes a stage where long-standing personal relationships quietly resurface. Unlike public companies, where board members typically debate numbers, risks, or market opportunities, the boards of family businesses often carry a heavier emotional burden: unresolved sibling rivalries, lofty parental expectations, […]
Organizational Structure in Family Businesses: Formal on Paper, Personal in Practice

Family businesses have unique characteristics. These entities combine two worlds with different principles: the corporate world, which is governed by rationality and procedures, and family relationships, which are influenced by emotions and personal bonds. This contrast is clearly reflected in their organizational governance. On paper, many family businesses appear to be managed formally—complete with organizational […]
The Dynamics of Family Business: The Unexpected Role of the In-Law

Family businesses are more than just money-making machines. More than that, family businesses are the heart of an identity, a complex web of emotions and legacies passed down across generations. Challenges such as leadership succession, sibling rivalry, or generational differences in vision are common. However, major changes do not always come with fanfare. They often […]
THE JAKARTA CONSULTING GROUP PRESENTS

FAMILY BUSINESS Beyond Bloodlines: Aligning Family, Ownership & Management When family and business overlap, conflict is not a risk, it’s a certainty. The question is: are you managing it, or letting it manage you? Join Patricia Susanto , CEO and 15+ year family business expert, to explore how family governance protects relationships and long-term value. […]
Empowering Business Families: “From Founders to Future” Event Bridges Generations and Builds Legacy

Singapore, July 24, 2025 — As family businesses across Asia face a new wave of generational transition, The Jakarta Consulting Group and FT Consulting invite business owners and next-generation leaders to an exclusive one-day event in Singapore: “FROM FOUNDERS TO FUTURE: Understanding the Other Side” Designed for those ready to move forward without leaving the past […]