7 Essentials for Family Business Leaders to Build a Lasting Legacy family business family capital next gen development succession planning Nov 05, 2024

Family-owned business leaders, who are responsible for nearly 70% of our GDP, face a unique set of challenges as they plan for future generations. Financial and legal expertise alone is necessary, but it is NOT sufficient.  A holistic approach—one that combines multidisciplinary...

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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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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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How Do Next Gen Leaders Flourish in Your Family Business?Ā Part 1 in a 3-Part Series family business next gen development May 19, 2023

The field of psychology is only 100 years old, and the field of Positive Psychology is about 25 years old. In 1998, executives at the American Psychological Association, led by Martin Seligman, realized they had a problem. Over 60% of the research to date focused on negative topics, like anxiety,...

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How Do Jack or Jill Fit in Your Family Business? Part One of a Three-Part Series family business family dynamics next gen development Apr 25, 2023

Part 1: How Do Individuals Fit into the World, the Society, and the Family Enterprise?

The field of social psychology is driven by one fundamental question: "How does each individual fit into the world, society, team, or family enterprise?" The same question is also the focus of...

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Your Older Generation is Ready to Retire... Now What? next gen development retirement succession planning Apr 16, 2023

After a long day of meetings yesterday, a 73-year-old business owner said, “You know, I don’t have anyone else that I can talk to about my business, and my family.”

He spent over 40 years putting his heart and soul into the success of his organization. Like all business owners,...

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