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Building Lasting Legacies: Navigating the Life Cycle of Family Businesses
Building Lasting Legacies: Navigating the Life Cycle of Family Businesses Family businesses are a cornerstone of the U.S. economy. According to the Conway Center for Family Business and Family Enterprise Alliance, as of 2024 (based on 2023 data), family-owned businesses account for approximately 90% of all business enterprises in North America. These businesses, with […]
The Key to a Healthy Culture: Leadership Training
The Key to a Healthy Culture: Leadership Training Most business leaders discuss their organization’s culture during employee training sessions, the recruitment and hiring process, and marketing campaigns. The Utech Group consultants hear them use words like “innovative,” “customer-focused,” “inclusive,” and “transparent.” Family-centric businesses like to describe their culture as “caring” and “like a family.” […]
Mentorship for Leaders: Transferring Organizational Knowledge
Mentorship for Leaders: Transferring Organizational Knowledge The Utech Group is a leading organizational development consulting firm specializing in organizational culture, team dynamics, and leadership development, offering a variety of workshop solutions, including custom trainings, team dynamics workshops, and executive coaching options. These solutions are designed to address the unique challenges of any growing business […]
Managing Intergenerational Differences in Family-Led Businesses
Managing Intergenerational Differences in Family-Led Businesses One of the best features of a family business is that family members are fully vested in the company’s success and have a strong commitment to helping each other succeed. They promote ethical practices, are committed to their work, and desire to build and grow a family enterprise […]
Managing Family-Driven Conflict in Family-Led Businesses
Managing Family-Driven Conflict in Family-Led Businesses Family members who join a family business quickly learn that conflict is inevitable. While some may anticipate relationship challenges when accepting their roles, the tensions often manifest in unexpected ways. A next-generation family member might introduce innovative ideas to modernize the business, only to face resistance from existing […]
"I came away truly understanding how I show up and how that differs from how I think I show up. I have also learned about how I listen."