Show me any successful leader and I’ll ask about their teams. Individuals always fail. Teams determine success.
As a next gen leader, who do you currently have on your team? If you don't feel you currently have a robust team of support around you, who needs to be on your team in 2024?
One...
Recently, I attended the Purposeful Planning Institute’s 2023 conference with 240 people from over 20 disciplines. Most were wealth advisors, estate attorneys and business psychologists (like me). All struggled to answer the question, “What is family capital?”
Economists...
Those of us who work as advisors for leaders in a family business-- wealth advisors, attorneys, and business psychologists-- know that advising is a complex and rewarding process. Family systems are always complex. I think we have an obligation to serve those systems.
As an...
Recently, we joined the Disruptive Successor Show, a podcast for next-generation leaders in family businesses and entrepreneurs who are determined to disrupt the status quo. In this episode, our co-founder Doug Gray, Ph.D. explored effective tools designed to support leadership development...
Recently, our co-founder Doug Gray Ph.D., joined the FFI Practitioner podcast (Listen Here) to talk about how positive psychology can help family enterprises flourish. Doug, a consultant with the Family Business Consulting Group, has extensive experience working with leaders in various sectors,...
Last week I had lunch with a G4 leader who said, “I want to thank you for being one of my mentors.” Then she spent an hour updating me on the sale of a commercial property, her siblings and parents, and her excitement about the next phase of their business. In short,...
In the first part of this series, we identified the two most important behaviors for leaders to practice in a family enterprise, based on our research, and the four assumptions we used in order to reach this finding.
Yes, you can learn to create a better organization!
Just as...
The field of psychology is only 100 years old, and the field of Positive Psychology is about 25 years old. In 1998, executives at the American Psychological Association, led by Martin Seligman, realized they had a problem. Over 60% of the research to date focused on negative topics, like anxiety,...
In the previous two parts of this series, we discussed the importance of expressing thoughts and feelings on important topics in a family enterprise and provided exercises to help individuals develop this skill. In this final part, we will explore the impact of these behaviors on the family...
In the first part of our series on How Jack and Jill Fit Into the Family Business, we identified the most important behavior for individuals to practice in a family enterprise, based on our research, and the four assumptions we used in order to reach this finding.
The most important...
Part 1: How Do Individuals Fit into the World, the Society, and the Family Enterprise?
The field of social psychology is driven by one fundamental question: "How does each individual fit into the world, society, team, or family enterprise?" The same question is also the focus of...
As a family business leader, you're probably curious about what traits you need to excel in your role. There are many opinions on this topic, but a recent project provides some concrete answers.
Kent Rhodes and Doug Gray, Ph.D. developed and validated a 360 assessment process...