Tag Archives: family business

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founders and successors

The Founder and Successor Are Often Operating on Different Clocks

Family Business Transition Insights: The conflict may not be about whether transition should happen. It may be about what “ready” and “soon” mean to two people in different seasons of life. Two legitimate experiences of time A founder and successor can agree that leadership will eventually t...
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estate plan

Six Signs Your Family Has an Estate Plan but Not a Succession Plan

Family Business Transition Insights: Legal documents can transfer business assets. They cannot, by themselves, transfer leadership, judgment, relationships, or trust.   When my mother passed away in 2019, I got busy selling two significant real estate assets, choosing and coordinating the sale ...
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succession

Anna Rosa Parker of EVOKE on Why Succession Planning Begins With Your Family’s Story

A title can change hands in an afternoon, and the person who receives it can spend years working out whether it fits. That gap sits at the center of family business succession, and it rarely shows up in the paperwork. Through EVOKE Your Story™, a methodology I created that brings together storytel...
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matrix

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

Family Business Succession: Balancing Legacy and Change

A family business can survive for generations and still be at risk of becoming irrelevant.   That may be one of the hardest realities for a family-owned company to confront. The practices that helped a business succeed in one generation may not be enough for the next. Industries change, technol...
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disruptive successor

A Disruptive Successor Needs More Than New Ideas

Every family business needs someone willing to question whether yesterday’s success formula will continue working tomorrow.   That person is often the next-generation leader.   They see opportunities to use technology more effectively. They recognize when decisions are taking too long, w...
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family business conflict

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

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

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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hidden bottlenecks

The 3 Hidden Bottlenecks Slowing Your Business Growth

Most business owners don’t have a growth problem.   They have a diagnosis problem.   When something feels off — slower growth, team friction, declining margins — the natural instinct is to focus on revenue or profit.   But in our experience, business challenges almost always fal...
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