Rob Lachenauer is the CEO at BanyanGlobal, an organization that advises the owners of the world’s leading family enterprises on strategy and governance.

He recently co-authored a book, Harvard Business Review Family Business Handbook: How to Build and Sustain a Successful, Enduring Enterprise, that provides an overview of the success factors for family businesses, based on his experience as a family business advisor.

In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Lachenauer argues that family businesses can represent both the best and worst forms of capitalism, outlines what separates the best from the worst, and describes the steps needed to build enduring family businesses.

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About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.