Gather around tables throughout the year with other family business leaders and members facing similar challenges for educational presentations by other business families and experienced experts in the field. Learn best practices from those ahead of you on the Journey, connect with kindred spirits, and leave with hope, resources and tools for your next steps.
Decades of values, tradition, and experience form the foundation for family businesses. Each generation faces a more difficult challenge of transitioning to the next. Less than 12% of family businesses successfully transition to the third generation of ownership, even though they account for almost 80% of companies worldwide.
The complexity of family businesses requires leadership in the business, in the family, and in the “messy” middle of ongoing transitions which are emotional, relational, and often unclear organizationally due to the overlapping roles.
Due to the importance of the overlapping roles that family business leaders are tasked with, we made authentic leadership the focus of our events for 2018. Following the theme of 2018 events, all members will receive Simon Sinek’s Start with Why: How Great Leaders Inspire Everyone to Take Action, which outlines some of the tools needed to identify our own “why”, or our purpose, and unlock the potential to inspire others with authentic leadership, which is especially challenging in a family business.