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Voices in Leadership with Amy Hart Clyne & Guest Peter Begalla

In this episode, Chief Knowledge & Learning Officer Amy Hart Clyne speaks with Peter Begalla, a well-known family enterprise consultant, Education and Conference Director for Family Business Magazine, as well as a trained family therapist. Peter and Amy talk about the pressures that families are experiencing and how family decision making and governance has become truncated during this unprecedented time. Peter offers an insider's perspective and shares how he believes this crisis will impact family governance.

 

 

Here is what is discussed in the episode:

5:20 – Extent to which family governance structures are being tested

8:30 – Impacts to the different types of family governance structures, from simple to complex

14:04 – Decision making changes in the single family office

19:09 – Streamlined processing tips on an accelerated timeline

24:40 – Advice for families with no governance process

30:07 – Effective family communications

35:00 – Opportunities to enhance family governance structures

40:19 – Governance adaptations that will become permanent

 

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About Pitcairn

Pitcairn is a true family office and leader in helping families navigate the challenges and opportunities created by the interplay of family and financial dynamics. Through Wealth Momentum®, an experience-based family office model, Pitcairn helps families achieve a more effective and complete experience. Since its inception, Pitcairn has partnered with some of the world’s wealthiest families to meet their needs and drive better outcomes – year to year, decade to decade, generation to generation. Today, Pitcairn is recognized as an innovator, guiding families through generational transitions and redefining the industry standard for family offices. The firm is located in Philadelphia, with offices in New York and Washington, DC and a network of resources around the world.