Posts by
Rob Ferguson
Conflicts in family businesses often go beyond typical business challenges, involving personal relationships and emotions. Addressing these conflicts head-on with strategies like clear communication, sound governance, and external guidance can strengthen your business and family relationships. Learn five best practices to manage conflict effectively and build a foundation for long-term success.
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Many family businesses mistake opportunistic growth for strategic planning, leading to misaligned efforts and missed opportunities. Discover the importance of a proactive, dynamic strategic plan that aligns your team, clarifies direction, and drives sustainable success. Embrace change, reduce bias, and ensure your business thrives for generations to come.
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Creating an advisory board can be a transformative step for family businesses aiming to increase their value and strengthen their legacy. But building an advisory board doesn’t have to be intimidating. With a few simple, thoughtful questions, you can assemble a group of advisors that will help guide your business in the right direction.
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Acquiring another business can be an excellent way to grow – or the biggest mistake you’ll ever make. If you’re thinking about buying another business, consider these 8 factors to help you make a wise decision.
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Pursuing growth is both a necessity and a challenge. Reflecting on our collective experiences and research, we’ve distilled some key takeaways that we believe are crucial for navigating the complexities of family business growth. Here they are…
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Generational transitions within family businesses can be both challenging and rewarding. Here are some of our thoughts on how family businesses can not only survive – but also thrive – through succession planning.
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Your Shared Vision inspires others why the company exists, what its goals and priorities are, and what its legacy is going to be. Want alignment? You need a shared vision!
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The quality of your leadership impacts everything in your family business. Here are some insights to help you develop better leadership in your company.
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Every family business, no matter its size or age, needs a system of governance that ensures its success, prosperity, and continuity from generation to generation.
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Don’t let intimidation over making radical, revolutionary changes keep you from making small manageable ones. Use the power of marginal change to create transformation in your business.
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