Family Enterprise Risk Index
Overview
This study by Crystal & Co is based on a survey of family enterprises and focused on how families think about certain areas of risk. One finding of the study reveals a significant disconnect between the strategic risk management planning conducted by family enterprise executives and the inclusion of the family itself. Overall, the study showed that most family enterprises are employing common practices and not best practices. The top performers excel at setting priorities, making risk management decisions, and creating processes and plans that span the entire enterprise.