Trends in Business
Unshackled: Working From Home the New Normal
As a result of the pandemic, estimates indicate that 62 percent of employees in America began working at home; whereas, the numbers were the reciprocal only a couple of years prior (at 26%). The adage goes, “necessity is the mother of invention.” With many in the workforce retreating to the safety of their homes, new technologies and ways of collaborating have been put to the test, reimagined, or implemented in ways that few expected. For many, the results of this new form of satellite work have been astonishing.
Read MoreDisruptive Successors and What They Have to Offer
Companies that fail to innovate and improve their offerings constantly risk becoming stagnant and irrelevant in competitive markets. A disruptive successor will keep your business at the forefront of new technologies, ideologies, and trends that govern today’s business.
Read MoreCharting Your Course Through Change Management
We are certainly looking forward to a time when the articles we write are no longer prefaced with “in light of Covid-19”; however, in light of Covid-19, many organizations are having to rethink their product and service offerings, consider restructuring their organizations, and explore and embrace a new digital environment. As with any change, leaders…
Read MoreHabits are like tools: Are you using the right tools for the job?
We’ve all done it, started that New Year resolution only to get a month in and abandon our convictions to convenience. That new workout, quitting a bad habit, whatever “it” is, we have to be aware of our natural proclivities. This is especially true when it comes to our leadership habits. Habits Are Like Tools…
Read MoreCorporate Sustainability Initiatives That Will Have Your Stakeholders Saying “They’re Great!”
They’re Greeeaaaatttt! What can you say about companies that have a good handle on giving back to their communities and other stakeholders besides, “They’re Great!” Most companies include corporate sustainability and corporate social responsibility as critical pillars of their organizations, and rightly so. But beyond environmental concerns, corporate sustainability and social responsibility involve giving back…
Read MoreRising From the Ashes: How Board Members Can Participate In Change Management
While it may seem that everything you read on change management is through the lens of COVID-19, indeed we can expect this trend to continue until the masks come off and people begin to stand closer than six feet from one another. The fact is that COVID-19 has indelibly reshaped the business landscape around the…
Read MoreUnmasking the New Year: Tips for a New Year Revolution
Happy New Year from Ferguson Interests! With 2020 in our rearview mirror, we need only glance back to see perhaps one of the most tumultuous years in recent history. This last year has deeply impacted many family-owned businesses in America, forcing many companies to furlough staff and start working remotely. Sadly, many companies were forced…
Read MoreThe Evolution of Family Business and the Need for Succession Planning
The Evolution of Corporate Governance As a family grows in size and complexity and their business operations grow in size and complexity, their governance needs to keep pace. So what does good governance look like in a family firm? Now more than ever, family businesses need good governance as it supports near-term stability, long-term continuity,…
Read MoreOnboarding New Family Members: Don’t Miss Out on the Opportunity (Part 2)
Onboarding New Family Members: Don’t Miss Out on the Opportunity In our last submission on the topic of Onboarding New Family Members, we began to dissect some of the nuances of bringing new family members aboard the family enterprise, and some of the challenges that leadership might face in the process. We discussed integrating…
Read MoreOnboarding New Family Members: Don’t Wait Until It’s Too Late (Part 1)
Onboarding New Family Members: Don’t Wait Until It Is Too Late In a recent article written by Joline Godfrey and Alexandre Monnier on the topic of Onboarding new family members, we found some interesting content that we would like to develop for our audience in a series with the same title. In this series,…
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