History and Evolution

More than 25 years helping families with their companies

In 1995, after working in his family’s business, Silverman & Associates Inc. for twenty years Dr. Silverman decided to develop his own business that would focus on Succession Planning, Conflict Resolution and Development of Health for Families in Business. Strategic Initiatives was birthed in Providence, RI and quickly developed clients in Latin America who were eager to utilize innovative approaches toward integrating how families could work together in harmony.
A family business starts with a good idea and is sustained over time only if you work as a team and have good corporate governance

This is what one family member said: “The love that binds us as a family is now visible among us.”

Speaker at the early conferences

In the early years, Dr. Silverman was a frequent speaker at the early conferences in Family Business held by the Family Firm Institute, Family Business Network and a number of newly formed Family Business Centers such as Family Business Center of Northeastern University, Family Business Center at Bryant College, University of New Haven, University of Maine, as well as in such countries as Chile, Peru, Mexico, Spain, Israel and Colombia.

25 shareholders and three generations

He also contributed several articles on Family Business to the Providence Business Journal and other business publications. In 2003, Strategic Initiatives moved its office to Miami Beach, Florida to facilitate more ease with Latin American clients where it continues to work with complex family business systems of over 25 shareholders and three generations.

“We learned that succession requires several generations working together to create a vision based on shared values, hard work, and deep collaboration.”

“We learned that succession requires several generations working together to create a vision based on shared values, hard work, and deep collaboration.”