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Leading Your Family Business During a Crisis

It is always lonely at the top – and never more so than when confronting difficult decisions that impact many people. Lean into the support networks you have developed – from your board to your management team to your family and friends. Make sure you are taking care of yourself so that you are able to bring your best thinking and communicating to the important role you are playing.

 
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From the Front Lines of Family Business: Responding to the Coronavirus Crisis

Michael Fassler, one of our principal consultants recently shared this story of one client’s response to the Coronavirus Crisis. This is a family business in the construction business with approximately 60 employees. The CEO, like many of our clients, reports an unprecedented challenge.

 
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Drawing Closer While Keeping Your Distance

We are living through a crisis and social distancing is the best coping response we now have. But I am concerned about the long-term impact on our families not only of the crisis itself, but the impact of our steps to cope. That’s because all families cope with crises in one of two ways: either by coming together or by coming apart.

 
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Getting into the Horizontal Box: Aligning Family Business Owners

In order for changes to occur in the organization, the sisters must begin to look at their family business not from the vertical perspective of finance, operations and sales but rather from the horizontal perspective of family ownership. This will help Tina, Brenda and Jen to think across business lines and make decisions, as owners, for what is best for the business.

 

FBCG's Commitment to a Culture of Collegiality and Shared Learning

From its founding, The Family Business Consulting Group was intended to be a connected community of highly skilled and collegial practitioners dedicated to the service of family enterprise around the world.

 
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Honoring Our Founder’s Mission Since 1895

The family business has evolved through the years and seen significant growth. And throughout all the changes, the one constant has been our family’s mission of preserving Biltmore as a privately owned, profitable, working estate.

 
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The Generational Push and Pull of Defining Today’s Family

How the family is defined becomes even more relevant when creating your family council, writing your value statements, deciding who can and cannot be shareholders and determining who can serve on boards for your business entities.

 

The Family Business Consulting Group Announces Planned Leadership Transitions

The Family Business Consulting Group’s board of directors has appointed Kristi Daeda as the firm’s new president to lead the organization’s operational and strategic initiatives. Drew Mendoza, managing principal since 1999, will focus entirely on guiding prospective client families to the right resources in his new role as senior advisor.

 
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The Important Role of a Leadership Continuity Committee

According to The Family Business Consulting Group’s co-founder John Ward, a founding goal of our firm was to model the best of what we learned from the most successful family enterprises that we had come to know -- to practice what we preach. “We hoped to build a business for the long term and aspired to indefinite continuity,” he explained.

 
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FBCG Interview: Succession Isn't an Event, It's a Process

The Family Business Consulting Group has navigated many of the same challenges our clients confront in designing our own leadership succession. Executive editor of The Family Business Advisor Otis Baskin interviewed former managing principal Drew Mendoza and new president Kristi Daeda about their experiences of the transition process.

 
 
Results: 800 Record(s) Found.

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