Types of Family Business Owners
There are many attitudes towards ownership. The following 8 types describe what we have found are common among family business owners. How would you describe yourself?
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Balancing the Emotional Ledger: Axioms for Advising Families in Business
Families in business together often suffer from the commingling of the financial ledger of tangible assets and the emotional ledger of intangible liabilities. Regardless of our professional discipline, much of our work is in service to balancing the complexities of our client’s emotional ledger.
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Axiom #1: Systems for Families in Business
A family in business has fallen into a cycle where one of the daughters who works in the family business has been repeatedly hospitalized for depression. There have been 6 hospitalizations in the last 4 years.
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Ceremony, Commitment & Intent
The more complex the family business issues, the more important ceremony becomes.
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Entitlement
Entitlement is a psychological attitude toward relationships that results from the balance or imbalance of fairness and trust early in life.
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The Keys to Family Business Success
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.
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Knowledge Succession: The Real Transfer of Power
The succession of authority is about transferring the responsibility for final decisions. In family businesses true authority is often kept in the older generation even after stocks and overt management responsibilities are passed on.
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Axioms for Families in Business
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
