Crafting a vision for your family business is exciting and enticing. It draws all the people participating in a business together and provides a shared common goal to move forward. In a family business, it must also engage the family.…
A Board’s Role In Crafting Strategy
The chairs of some boards like to take a very hands-on approach in developing the business strategy for a company, whilst others see it as a task for the CEO and their team. Is there a best practices model for…
The Role Of Leaders In Family Businesses
Family business leaders must not only build a successful business for today. They must also build it for the next generation along with the leadership and shareholder team to continue their work. Active Knowledge Question: How do you see…
Strategy – Is It About The What, How Or Why?
So you’ve cycled through the strategic planning exercise again, but have you paused to consider what this process should produce to drive the success of your business? Active Knowledge Question: When was the last time you considered the value…
Finding The Right Business For You #succession
Care must be taken in choosing the ‘right business’ for you. No one can be successful in every business. There is a right and wrong choice for you. Understanding this is critical when it comes to family business succession. …
