Cover Story
Making CEO Succession Plans Stick
By Mandy Wright
Ease transition planning by enabling CEO success from the outset.
Governance Surveys
Directorship Magazine
Getty Images/Thomas Barwick
Private Company Governance
From Individual to Collective IQ on Family Business Boards
Family-owned companies are the backbone of the US economy, but their unique dynamics present distinct governance challenges. This article covers the critical role independent directors play in professionalizing family businesses and ensuring their longevity.
Discover how external perspectives can elevate a family business board's collective intelligence, help navigate complex family matters, and drive sustainable growth. Learn actionable strategies for building trust, mentoring leadership, and developing robust governance policies that safeguard the family business's legacy.
Thank you for your interest in this page.
Member-Only Content
For full access, please log in, or explore membership options.
Greg Cessna, NACD.DC®, is a director of the family businesses Global Eggs, Henderson Brothers, and MacLean-Fogg Co. Cessna is the founder, president, and CEO of Northbound Consulting and president and CEO of Consumers Produce Co. He was the NACD Directorship 100™ 2024 Private Company Director of the Year.
Discover More From This Issue
-
-
Regulatory Review
What the One Big Beautiful Bill Act Means for Boards
By Alexandra R. Lajoux
Here’s what directors should know about how President Donald Trump’s sweeping new law affects corporate taxes and business strategy.
-
Boardroom Guide
Shaping Productive Compensation Committee-Management Relationships
By Blair Jones, Deborah Beckmann, and Michael Gorski
Review the factors that influence the compensation committee-management relationship and take these steps to bolster positive collaboration.
-
C-Suite Connect
The Emergence of the Chief AI Officer
By Mandy Wright
Hear from a technology executive and a director on the value of a chief AI officer in the C-suite.
-
In Practice
Five Practices to Institutionalize Ethics, Integrity, and Compliance
By David W. Simon
Follow these practical steps to help management build and support ethical leadership and infrastructure.
-
Viewpoint
Risk Management: The Quintessential Side Pocket
By Mauro da Cunha
Consider these opportunities to strengthen your board’s oversight of risk and ERM.
-
The Director's Chair
The New Face of Onboarding
By Cindie Jamison
Revamp your board's onboarding process to prepare new directors for uncertainty.
-
Director's Dilemma
Addressing Underperformance When Executives Are Present
By Julie Garland McLellan
A director considers how to address a leader's performance when the individual attends executive sessions.
Explore All Directorship Issues