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Family Matters: Tackling Team Leadership Challenges in a Family Business
Family Matters: Tackling Team Leadership Challenges in a Family Business There are approximately 32.4 million family-owned businesses in the United States, making them a powerful economic generator for the nation. According to the Family Enterprise USA 2024 Annual Family Business Survey, family businesses account for 83.3 million jobs and 59% of the private workforce. In […]
Leadership Skills for Driving Cultural Change and Success in Family-Led Businesses
Leadership Skills for Driving Cultural Change and Success in Family-Led Businesses A key focus of family-led businesses is for their business to thrive for generations to come. A study of 100 next-generation family business leaders found that great leadership profoundly influences culture and business sustainability. While leadership skills are essential for leading a motivated workforce, […]
Who is Responsible for Company Culture?
Who is Responsible for Company Culture? Company culture is one topic with no beginning or end because each company is different, and cultivating and maintaining a strong preferred culture is complex and multifaceted. There are various types of culture, including paternalistic, customer-focused, purpose-driven, market-driven, innovative, hierarchal, participative, and adhocracy, to name a few. Culture is […]
Dig-ins vs. Traditional Training Programs: What Works Best for Family-Led Companies?
Dig-ins vs. Traditional Training Programs: What Works Best for Family-Led Companies? If you are like the large majority of organizational leaders across industries, you have sat through workshops and training sessions that covered topics of little interest or applicability to your role. Leadership training does fail, but it is not the fault of the person […]
Navigating the Unique Challenges and Conflicts in Family Businesses
Navigating the Unique Challenges and Conflicts in Family Businesses Family businesses form the backbone of many economies worldwide, contributing significantly to employment and GDP. However, running a family business has its unique challenges and conflicts. These challenges often extend beyond typical business issues, intertwining with personal relationships and family dynamics in ways that complicate business […]
"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."
