Business Family Enterprises - Moving From Success to Significance
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Simple Acts That Build Your Leadership Presence

Simple Acts That Build Your Leadership Presence | Business Family Enterprises - Moving From Success to Significance | Scoop.it
Nobody is born a leader, but the traits that we associate with big-picture vision can be built over time in small ways.
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5 Takeaways About Hawaii Family Businesses –

5 Takeaways About Hawaii Family Businesses – | Business Family Enterprises - Moving From Success to Significance | Scoop.it
Nicole Fong, recently graduated from college, attended Thursday’s Family Business Forum with her parents to get an idea of what succession within her family’s real estate business might look like 1…
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From Partners by Chance to Partners by Choice: The 7 Cs of Trust-based Partnerships

From Partners by Chance to Partners by Choice: The 7 Cs of Trust-based Partnerships | Business Family Enterprises - Moving From Success to Significance | Scoop.it
Sibling and cousin partnerships almost always come about by chance rather than choice. Sometimes, but not usually, these partnerships are formed because siblings and cousins want to be in business together. It makes good sense then for family business partners to take the time to re-constitute their partnerships around fundamental principles – what I call the 7 Cs of Trust-based Partnerships.
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Should We Separate the Chair and CEO Roles in our Family Business? 

Should We Separate the Chair and CEO Roles in our Family Business?  | Business Family Enterprises - Moving From Success to Significance | Scoop.it
when the CEO position is held by a family member, is a combined CEO/Chair function always the right structure? The answer becomes complicated in later generations, for bigger families, for those with more complex businesses and when governance is formalized. The opportunity to challenge tradition is while you are planning a leadership change or making significant changes to the board, such as increasing formality as with the addition of independent directors.
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Introducing Teens and Young Adults to the Family Enterprise

Introducing Teens and Young Adults to the Family Enterprise | Business Family Enterprises - Moving From Success to Significance | Scoop.it
Introducing Teens and Young Adults to the Family Enterprise
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Budgeting for Family in the Family Business - Family Governance - News | The Family Business Consulting Group

Budgeting for Family in the Family Business - Family Governance - News | The Family Business Consulting Group | Business Family Enterprises - Moving From Success to Significance | Scoop.it
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Partner Content: Why family businesses need to communicate better

Family businesses are good at many things. Add up all their proven strengths like longevity, patient capital, and stakeholder values, and what will appear is one of the most durable and viable business structures of the 21st century. But there are also weaknesses and pitfalls like poor internal…
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Stewardship: A Very Practical Family Business Theory

Stewardship: A Very Practical Family Business Theory | Business Family Enterprises - Moving From Success to Significance | Scoop.it
In a family business, a stewardship climate is one in which individuals are more likely to be intrinsically rather extrinsically motivated, identify highly with the organization, and use personal, rather than positional, power. In addition, at the organizational level, family businesses displaying stewardship climate are those with a collectivist culture, rather than an individualistic culture, have a low power distance in their organizations and have a high involvement orientation.
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Family Business Meetings: Proper Planning for Effective Results

Family Business Meetings: Proper Planning for Effective Results | Business Family Enterprises - Moving From Success to Significance | Scoop.it
From shareholder assemblies to family gatherings, when family members feel that the meetings are not a good investment of their time, they are less engaged and the outcome is often unproductive. The good news is that with thoughtful planning and orchestration before the meeting, the family can participate in effective dialogue together and produce meaningful results. The frameworks outlined here can be applied to a range of meetings from more business-oriented to more family-oriented.
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Delivering a Difficult Message: Performance Feedback in a Family Business

Delivering a Difficult Message: Performance Feedback in a Family Business | Business Family Enterprises - Moving From Success to Significance | Scoop.it
For anyone involved with a family business, delivering a difficult message is challenging but necessary. While there is no process that can guarantee success in these precarious situations, these steps can significantly increase your likelihood of achieving the ultimate goal: improved performance that leads to sustained success for the family and their business.
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Four Generations, One Workforce: Valuing Generational Differences in a Family Business 

Four Generations, One Workforce: Valuing Generational Differences in a Family Business  | Business Family Enterprises - Moving From Success to Significance | Scoop.it
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Family Champions: Energy for Success

Family Champions: Energy for Success | Business Family Enterprises - Moving From Success to Significance | Scoop.it
Family champions play the role of leadership within the ownership group. This position can be vital to helping develop family-ownership groups to meet the challenges and opportunities of owning a family enterprise. Family champions are catalysts who lead, inspire and develop their business-owning families to be responsible and engaged stewards of their family legacy by investing their time and energy.
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Dealing with Conflicts of Interest on a Family Business Board

Dealing with Conflicts of Interest on a Family Business Board | Business Family Enterprises - Moving From Success to Significance | Scoop.it
FBCG senior consultant Stephanie Brun de Pontet served as a panel moderator for the session “Dealing with Conflicts of Interest on Private Company Board.” The forum focused on how to create a clear distinction between a board member’s role on the board and the other roles they may play within or for the company or the family.
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Co-CEO Structure: Are Two Heads Better than One in a Family Business? - Leadership - News | The Family Business Consulting Group

Co-CEO Structure: Are Two Heads Better than One in a Family Business? - Leadership - News | The Family Business Consulting Group | Business Family Enterprises - Moving From Success to Significance | Scoop.it
Key variables that contribute to effective co-CEOship or co-leadership in a family business.
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Why having a family business in Canada and Australia is little better than in Venezuela

Venezuela might be one of Latin America’s most economically challenged countries as its per capita income falls dramatically, but it’s no worse when it comes to taxing its family businesses than some of the world’s wealthiest countries. Venezuela – and Canada, Australia, Japan – are the three least…
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The Secrets of Family Business Longevity

The Secrets of Family Business Longevity | Business Family Enterprises - Moving From Success to Significance | Scoop.it
Clear and well defined family values, trust, networks and innovation are often the bedrock for success in family firms, but designing governance structures to face ownership and succession roadblocks are also essential for longevity.
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Is there value to having more than two independent directors serving on a family business fiduciary board? 

Is there value to having more than two independent directors serving on a family business fiduciary board?  | Business Family Enterprises - Moving From Success to Significance | Scoop.it
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Solving the Puzzle of Ownership Alignment in a Family Enterprise

Solving the Puzzle of Ownership Alignment in a Family Enterprise | Business Family Enterprises - Moving From Success to Significance | Scoop.it
Successful ownership alignment is a continuous process rather than an end or accomplishment in itself. The ever-evolving, complex life cycles of the business, family and individuals cause constant shifts in perspective, goals and interests over time that make true continuous alignment an elusive and dynamic pursuit. Ownership alignment is more like an ongoing cycle of seeking and building consensus, then having it fray and unravel only to rebuild it all over again.
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Family Business Employment Policies: Evening the Playing Field for the Next-Generation

Family Business Employment Policies: Evening the Playing Field for the Next-Generation | Business Family Enterprises - Moving From Success to Significance | Scoop.it
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