Category Archives: Family Business

Home Archive by category "Family Business"
matrix

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Lauren Lyman Family BusinessTags: , , ,

The Matrix Is Not the Family, But It Gives the Family a Shared Map

When families talk about succession planning, the conversation often starts with a single question: “Who will take over?” Or perhaps, “When will Dad retire?” “Who will become the next CEO?” “How should we divide ownership?” or “Has the estate plan been completed?”   These ar...
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family business conflict

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Lauren Lyman Family BusinessTags: , ,

Untangling the Knot: Why Family Business Conflict Is Rarely About the Surface Issue

A family business can operate for years without openly discussing its most important questions.   Who will eventually lead? Who will own the company? Will ownership be equal? What authority does the next generation actually have? How will family members be compensated? When will the founder ste...
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disruptive successor

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Lauren Lyman Family BusinessTags: , , , ,

What a Disruptive Successor Really Is & Why Every Family Business Needs One

The word “disruptive” can make family business owners uncomfortable.   It may sound disrespectful, reckless, or threatening. A founder who has spent decades building a company may understandably wonder why the next generation needs to disrupt a success.   However, a disruptive successo...
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equal is not fair

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Lauren Lyman Family Business, LeadershipTags: , , , , , , ,

Equal Is Not Fair (And It’s Quietly Destroying Family Businesses)

In family businesses, few ideas are as emotionally appealing—and as dangerous—as the belief that “equal is fair.” It sounds reasonable. It feels just. And in many families, it’s the default starting point for ownership, inheritance, and decision-making. But when you move from the dinner ta...
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family business successors

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Lauren Lyman Family Business, LeadershipTags: , , , , ,

What Family Business Successors Really Need (That No One Talks About)

There’s no shortage of advice for family business successors. Take more responsibility. Earn respect. Prove yourself. Grow the business.   But almost none of that advice addresses what’s actually happening beneath the surface. Because stepping into a family business isn’t just a leadershi...
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los angeles

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Lauren Lyman Family BusinessTags: , , , ,

Is Los Angeles a Family Business City? You Bet It Is!

In the past, when I thought of family businesses, I tended to think more readily of Midwest agricultural farms and manufacturing companies, and of those wholesome family values. It is a common perception that the Midwest is the “heartland” of family businesses, and the data supports this...
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Strategic Partner

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Lauren Lyman Family Business, LeadershipTags: , , , , , , , ,

Spotlight on Our Strategic Partner: Lenox Advisors

Guiding family businesses through transition requires wisdom, strategy, and trusted advisors who understand both the financial and relational challenges involved.   That’s why we’re proud to partner with Abbe F. Large, CLU®, CLTC, Managing Director at Lenox Advisors, a trusted professional...
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Lauren Lyman Business Growth, Family BusinessTags: , ,

Getting Out of Your Own Way: How Business Owners and Family Leaders Get Stuck and How to Move Forward

“There are known knowns… there are known unknowns… but there are also unknown unknowns.” – Donald Rumsfeld   After more than 24 years of coaching business owners, particularly those in family-run companies, I’ve identified a common obstacle that transcends industries, generations, a...
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