We offer practical advice that can applied to areas such as succession planning, risk management, and leadership development.
During many years of serving as an Independent Director on my sixteen years of serving five different family business boards, I’ve developed five best practices to share with fellow family Directors.
Do you have a plan for who would run the company if the leader died suddenly and documents that are readily accessible to help that person deal with the legal, financial, and operation challenges in that crisis?
Do you have clear roles and job descriptions for everyone working in the business? Is every employee given feedback on a regular, structured basis so he or she knows what he or she does well and where he or she can stand improvement?
In this first installment, we will focus on five of the best practices: having a shared vision, embracing shared values, engaging in productive dialogue, understanding the roles and responsibilities of owners, and building trust.
We are excited to announce that our new book, Keys to Family Business Success, is available, In anticipation of your reading this book, I thought I would share some of the best practices that are described in the book. These are practices that contribute to the well-being of families and their businesses.
The Aspen Family Business Group serves as a resource to help families create an environment in which members are open and willing to learn and grow.
During the 17th Annual Women in Family Business Gathering, we explored best practices for gathering the family, developing family councils and herding cats!
What does it take to be a responsible, engaged, and active member of a successful family business? This book will guide you through the process of tailoring answers that reflect your family’s and business’ unique circumstances to help you create the family business legacy you want to deliver to future generations.
There comes a time in one’s career when the desire to pass on what has been learned grows stronger. One way I am satisfying this desire is to articulate the ideas that have been most influential in my work
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