Over the next two months, families from around the world of varying cultures and faiths will be coming home in celebrations including Thanksgiving, Christmas and Chinese New Year. It is a season of reunion and the opportunity for conversations –…
Growth: New Markets For The Kids #succession
The businesses that built the wealth of the family in the last generation will not be the same businesses that continue to develop that wealth in the next generation – markets evolve, opportunities come and go, and technology has its…
Growing Families, Growing Businesses #succession
In business, we typically think of growth in terms of sales and profit. As the business ages, we try to grow sales and to earn more profit. But in a family business, we must also strive to grow the business…
Growth: Contribution Not Authority #succession
When you look to the next generation entering the family business, consider who has the right heart as well who has the hard-nose for business. You may find the heart is far more critical than the hard-nose. Active Knowledge…
In Leadership, Be Impactful #succession
If your business has worthy leaders at its helm and throughout its ranks, it would be a business that attracted the best of the best, who each gave everything they had every day to make the business an incredible success.…