Sharing our thinking

CMG regularly updates our thinking on research, trends, and stories about business families and how best to support them.

FILTER BY:

CMG insights on business families
Research & commentary
Technical resources
Business family stories
FILTER BY
FILTER BY
CMG insights on business families
Research & commentary
Technical resources
Business family stories
Uncategorised
APPLY FILTER

The “Long Tail” on the Capital Gains Increase and its Impact on Business Families

Much has been discussed on the impact of the recent increase to the capital gains inclusion rate, from 50% to 66.6%, effective June 25, 2024.  The federal government shared that it designed the increase to extract more tax revenue from ultra-high-net-worth Canadians to pay for its various spending priorities...

The Robinson Family:
A Blindsided Inheritance Arrangement

Dick Robinson died unexpectedly in 2021 while still leading the family business. Dick hadn’t left the century-old company to either of his sons, Ben or Reece, as his father had left it to him. Instead, Dick’s will left Scholastic, and all of his personal possessions, in the control of Iole Lucchese, Scholastic’s Chief Strategy Officer...

The Hermès family:
A story of resiliency—and even growth—in hard economic times

Hermès seems to weather economic storms with ease, making the Hermès family one of the wealthiest in the world, as Bloomberg highlighted recently. What sets them apart? At CMG, we think three things make the family unique and worth watching...

The Merck Family:
How a 13-generation business family prepares its next-generation leaders

CMG has been following the Merck family and its extraordinary 13-generation family business for a few years. This fourth and final installment looks at Merck's future and how the family prepares for it...

The Buss Family:
Best-laid plans nearly fouled by a conflict between siblings

In the aftermath of the passing of their patriarch, Dr. Jerry Buss, we underscore two crucial areas that the Buss family could have concentrated on in their succession journey: focus on the business of being a family and gather together to identify shared goals and values that can serve as a guiding force for everyone...

The Arnault Family:
Mastering the business of the business – and the business of the family

Here, in the latest in our series of profiles of iconic business families around the world, we celebrate Bernard Arnault for his mastery of two key ingredients of success for family businesses: the business of the business and the business of the family...

Frank Creaghan: Founder of CMG, visionary, and leading
advisor to Canadian business families

With sadness we announce the passing of Frank Creaghan, CMG’s founder and visionary, who left us peacefully at his home in Toronto on June 26, 2023...

The Kristiansen Family:
Building the LEGO® legacy over multiple generations

The Kristiansens extraordinary legacy with LEGO® caught CMG's attention in 2020. This update shares how the family's commitment to transparency, retaining control of the family business, and long-term thinking has paid off...

Bridging the leading generation to the next:
Overcoming trust barriers for effective communication

We explore bridging the gap between generations in business families, outlining five key steps to ease intergenerational tensions and ensure success...

The Dillard Family:
Playing the long game and winning

Dillard's may not have the same high profile as some of its retail industry counterparts. However, it has emerged as a top performer, surpassing well-known corporations in share performance. The secret to their success? The Dillards dedication to playing the long game and sticking to their values for over three generations of family leadership...

The intricate puzzle of Merck’s unique dual board system

Our latest update delves deeper into the intricate relationship between the Mercks' governance structure and the pivotal role of non-family members. Additionally, we explore how their unique dual board system preserves the company's longevity and legacy...

The Redstone Family:
A long line of ingrained methods to conflict

The Redstone family story exemplifies the consequences of intergenerational conflict and unaddressed behaviors that arise when communication platforms like a family meeting are not in place...
Load more