Time's Ticking: The Real Reason Family Business Leaders Can't Wait to Develop Next Gen Leaders Dec 02, 2024

Prefer Listening? Check out the AI-Generated Podcast version of this article! We know how busy life can get, so we’ve created a podcast version of this blog post, powered by AI! This is a fun, convenient way to engage with the content if you’re short on time or prefer...

Continue Reading...
7 Essentials for Family Business Leaders to Build a Lasting Legacy family business family capital next gen development succession planning Nov 05, 2024

Family-owned business leaders, who are responsible for nearly 70% of our GDP, face a unique set of challenges as they plan for future generations. Financial and legal expertise alone is necessary, but it is NOT sufficient.  A holistic approach—one that combines multidisciplinary...

Continue Reading...
The Future of Family Offices: Why Multidisciplinary Teams Are Essential family business family capital family office Sep 24, 2024

The Evolving Role of Family Offices

The goal of every family office is the same—to serve the financial and capital needs of current and future generations. However, the process is changing. We will always require attorneys and wealth advisors to “stay in their swim lanes” and...

Continue Reading...
 
Next Gen Leaders Are the Catalyst For Change in the Family Business Aug 20, 2024

Next-Gen Leaders: The Catalyst for Change in Family Businesses

If you’re in your 20s, 30s, 40s, or 50s and feeling that itch for “what’s next,” know this: You are the driving force behind organizational change in your family business.

But with change comes resistance,...

Continue Reading...
 
The Key to Adult Learning in Family Business Aug 06, 2024

Adults learn best from other adults, but rarely get that chance in their careers. That's why peer groups are so impactful, especially for next-gen family business leaders. They offer a unique opportunity for personal and professional growth that’s hard to find elsewhere.

When we think about...

Continue Reading...
 
Do You Need a Family Business Advisor? Jul 23, 2024

It’s essential to involve specialized consultants in multi-generational family businesses to ensure long-term success. 

Family Business Advisors play a crucial role in facilitating leadership transitions through their expertise in practical knowledge, engaging narratives, and effective...

Continue Reading...
 
Building the Right Team in Family Business Jul 23, 2024

In family businesses, the quality of your team defines your success. Identify the right people and build relationships that matter. 

If you're missing a skill, hire or partner with someone who has it.

A supportive team is essential for driving change.


#familybusiness #nextgen ...

Continue Reading...
 
How to Involve Family Champions in Family Business Jul 21, 2024

It's extremely important to include family champions in business meetings and discussions.

Including these leaders in assessment conversations creates an opportunity for their expertise to be heard, and for other members to grow from their insights. 


#familybusiness #nextgen ...

Continue Reading...
 
How to Foster Agency in Family Business Jul 20, 2024

Agency is about driving your career, and in family businesses, it's essential to foster this at all levels.

Aim to provide a roadmap of critical competencies and help quantify skill mastery.

This clear, skill-based approach helps develop and retain talent, ensuring everyone has the opportunity to...

Continue Reading...
 
Demonstrating Capacity and Competency as a Next Gen leader Jul 19, 2024

Enhancing skills and knowledge is essential for leaders of all ages, especially Next-Gen Leaders.

It's not just about filling gaps and checking off competencies. Instead, the focus should be on demonstrating your capacity and readiness for the next role.

The old deficit-based model is...

Continue Reading...
 
Next Gen and Current Gen Leaders All Need Curiosity Jul 18, 2024

Regardless of age, everyone wants career clarity.

Having conversations with different experts, mentors, or advisors – whether they're your peers or older – can help.

Embracing curiosity shows a growth mindset and fuels continuous learning.

#familybusiness #nextgen #familyenterprise...

Continue Reading...
 
Using a Growth Mindset in Family Business to Expand Potential Jul 17, 2024

Creating a growth mindset in a family business focuses on possibilities and expanding potential. 

When we foster an environment that encourages learning and adaptability, we pave the way for continuous growth and success. 

Emphasizing potential over limitations transforms obstacles into...

Continue Reading...
1 2 3

Join Our Newsletter Now