Posts tagged Family Business
The ever importance of succession planning

Keeping the Oscar de la Renta Name Alive

By VANESSA FRIEDMAN

A great story in the NYtimes today about succession planning in a family business. A great inside look at a family that is managing all of the realities of loosing a founder(and father), all while respecting the grand vision, from successor to the newest collection. 

We do a lot of things here at Russallo, one of the major themes from last year was around succession strategy in family businesses. Hearing stories from families in Miami to Melbourne, discussing the best way to engage the discussion, especially when the founders are still living. The most important first step was not fear the subject, and to ask simple open questions around the story.  I've always believed that is the first step to build the dialogue and releases some of the existential fear that we all have when beginning to realize nothing is permanent. 

*This is our first blog in the new Russallo Website, please keep a look for more to come. Below you'll find long ago thoughts. But all of which is to help show ways we here at Russallo and broader findings around the power of narrative to help achieve our goals including a broader blank canvas to share my interests and trends.