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...

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The Importance of Mentorship in Family Business Jul 17, 2024

Asking for mentorship in a family business doesn't have to be complicated. I recently helped a young leader who felt unsure about how to seek guidance.

The key is to be clear and concise: state your purpose, ask 2-3 specific questions, and request a short meeting. Mentoring is about addressing...

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Leading Family Business Consultant Doug Gray, Ph.D, Develops Next Gen Peer Groups, Connecting Future Business Leaders Mar 26, 2024

Published in CEO World MagazineMarch 26, 2024

Family businesses are inherently more complex than other businesses because family dynamics are more complex. Although family businesses drive a huge part of every economy in every corner of the world, there is a scarcity of resources designed...

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Leading Family Business Consultant Doug Gray, PhD, Publishes The Success Playbook For NextGen Family Business Leaders Mar 19, 2024

International Business Times
By Declan Lafray
Published 03/20/24 AT 10:38 AM EDT

Throughout history and in every corner of the world, family businesses are the social fabric of every community. These businesses come in every size and are in virtually all industries, from agriculture to finance,...

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Doug Gray, PhD: Preparing the Next Generation of Family Business Leaders Mar 08, 2024

Published in USA Today, March 9th, 2024

Tyler Shepherd
Contributor
 

The world is currently in the middle of the largest transfer of wealth in human history – valued at $68 trillion – with the Baby Boomer generation retiring and passing on their wealth, including...

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The Top 5 Behaviours Next-Generation Leaders Need to Adopt for Success Nov 19, 2023

Published in Tharawat Magazine
2023-11-09

The largest wealth transfer in human history is happening now, with over $74T USD being transferred from older to younger, next-generation, rising leaders. Family business leaders are confused, impatient, and aware of the urgent changes required to sustain...

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Where to Find the Support All Next Gen Leaders Need Oct 19, 2023

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...

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What is Family Capital and Why Does it Matter to Your Family Business? family business family capital Aug 17, 2023

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...

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Five Essential Strategies for Family Business Advisors family business Jul 23, 2023

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...

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PODCAST: Unmasking the Potential of Your Next Gen family business next gen development podcast Jul 13, 2023

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...

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PODCAST: The Science of Success for Leaders in Family Business Jun 24, 2023

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,...

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The Power of Transparency: How Expressing Thoughts and Opinions Drives Trust in Family Enterprises family business family dynamics next gen development Jun 12, 2023

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,...

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