Russell Reynolds Associates (RRA), a leadership advisory firm, announced the launch of its Family Enterprise Advisory practice, aimed at helping family-owned businesses navigate leadership challenges and sustain their multi-generational legacies. Family enterprises today face increasing pressure to balance tradition with innovation, maintain operational excellence, and ensure smooth leadership transitions. RRA’s research highlights key concerns, with only
RRA's approach is built on decades of experience in leadership advisory, combined with a deep understanding of family business dynamics. The practice focuses on resolving six key tensions, including balancing legacy with fresh perspectives and maintaining family harmony while driving necessary change. Justus O’Brien, leader of the Family Enterprise Advisory practice, emphasized the firm’s commitment to forming lasting partnerships that go beyond traditional consulting. CEO Constantine Alexandrakis highlighted the role of family enterprises in shaping industries and communities. RRA’s advisory services cater to founder-led businesses, multi-generational enterprises, and family offices, offering tailored solutions to support long-term success.
