Skip to Main Content

Helping Family Businesses
Prosper Across Generations®

Article Archive

Category:
 
Results: 759 Record(s) Found.
Nominate_lo-res

Selecting Board Members: Guidelines for an Effective Nominating Process

We all want the same results. All family businesses want to build enterprise value, protect family relationships, and maintain continuity through generations. The right board of directors (qualified, trustworthy, and objective) is a key factor in those results. But how do you assure you have the right directors, and that they will be trusted and respected by owners and management? A well-designed nominating process is key to getting the right people in place.

 
iStock-524541622

Family Owner Development -- The Foundation for Continuity

Providing your family’s enterprise with the competitive advantage of an effective owner team requires foresight and the commitment of significant family resources to both the planning and delivery of development opportunities. The good news is that despite a daunting list of competencies required, if you start early, you have plenty of time to influence potential owners.

 
Boots_lo_res

Four Generations, One Workforce: Valuing Generational Differences in a Family Business

While these multiple generations affect all of society, they are having an especially unique impact on family businesses. The ongoing struggle between honoring tradition and pioneering change is playing out as Traditionalists and Baby Boomers try to maintain the family business values and guiding principles, while X-gens and Millennials seek more rapid change, particularly in the culture of the workplace.​

 
philanthropy_iStock-185930833_lo_res

Why Wait? The Financial and Emotional Rewards of Philanthropic Giving

Enterprise-owning families work for generations to build their wealth but most do not invest the time to plan for transferring it effectively. By Jennifer Pendergast and guest contributor Bo Wilkins FBA August 2017

 
FBCG Next Gen Education

Family Business Education for the Next Generation

The goal of family business education for the next generation is acquiring collective wisdom that could last centuries. That’s why the time and the effort to provide it are so worthwhile for the family and the business.

 
teamwork_lo_res

What Do Family Councils Do?

Family Councils initiate activities and perform duties to achieve very important outcomes – helping families achieve their missions and visions with great purpose.

 
Back to the future of your family business

Back to the Future - of Your Family Business

“Are family businesses often forced down a path as a result of past unresolved conflict in the family?” As I thought more about this, I suddenly remembered the scene in the movie Back to the Future II where Doc Brown is explaining the space/time continuum path to Marty McFly, and how his going back to 1955 in the first movie disrupted the universe: “Our only chance to repair the present is in the past, at the point where the timeline skewed into this tangent.”

 
Message_in_a_Bottle_LoRes

Delivering a Difficult Message: Performance Feedback in a Family Business

For most people in most situations, delivering a difficult message is, well, difficult. Delivering a difficult message in a family business is typically even more challenging because of the multiple and deeply personal relationships that exist. Difficult messages must be delivered, though, and avoiding this task will likely only make matters worse. By David Ransburg

 
Globe_pexels-photo-335394_lores

Why the World Needs Family Business Consultants

An excellent family business consultant is probably the only advisor you’ll work with who considers how family, management, ownership and governance impact each other on a day-to-day basis and is able to create a safe place to openly and creatively consider how these four necessary business systems uniquely and powerfully affect your family and your enterprise.

 
Ownership_Puzzle_WSH

Solving the Puzzle of Ownership Alignment in a Family Enterprise

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. Wendy Sage-Hayward

 
 
Results: 759 Record(s) Found.

8770 W. Bryn Mawr Ave., Ste 1340W, Chicago, IL 60631
P: 773.604.5005 E: info@thefbcg.com 

© 2017 The Family Business Consulting Group, Inc. All Rights Reserved.

close (X)