The most resilient businesses are ones that expect the unexpected. Life-altering events like Death, Disability, Divorce, Disagreement, and Distress — which are known as the “5 Ds” of succession planning — may be unexpected, but that doesn’t mean you can’t plan for them. While no succession plan is foolproof, you can stay on track if you […]
Succession Planning Strategies When Life is Unpredictable Read More »
Mark Swepston spent his professional life building an already strong company, Atlas Butler, into an even more vibrant, community-oriented organization that is a nationally recognized leader in comprehensive HVAC and plumbing solutions. Yet with this success, as a third-generation family business leader, he had a nagging concern: What would happen if he suddenly left the firm?
Succession Planning Critical to Family Business Vitality Read More »
Peer groups provide an environment where leaders can confidentially connect with others who understand the intricacies of managing both business and family dynamics, making the groups an essential resource in moving their business forward. Indeed, in 2000 when Chris Converse first began working for his family’s Grove City business Converse Electric, he began attending monthly educational
Peer Groups Powerfully Transform Family Businesses Read More »
As a leader in a family business, your “why” likely extends beyond personal ambition and may include aspirations like: Fulfilling a Family Legacy: honoring the hard work and sacrifices of previous generations. Ensuring the Business’s Long-Term Sustainability: securing the future of the business for today – and for future generations. Creating a Positive Impact on
In ninth grade I was voted to serve as president of my freshman class. I was excited for the chance to lead and excited to enter high school. For our school, the first task of each year was to plan a class retreat as a kickoff event. I had all kinds of ideas for it.
What’s My Role? – Next Gen Leaders Read More »
At the December Monthly Educational Program: What I Wish I Had Known: Lesson Learned That Should’ve Been Taught, Chris Ahlum, President of Ahlum & Arbor, Nick Trifelos, National Sales Manager for Anthony-Thomas Candy Company, and Patrick Wathen, President of Equity spoke with Michelle Roseberry with HBK CPAs & Consultants. Their conversation traveled through the experiences
Before I became an executive coach and consultant, I was a teacher. I spent the better part of 20 years in the classroom, and the positive impact that my students and I had on each other was immeasurable. When I think about what set me on the path toward becoming a teacher, I remember Mr.
Simplifying Success for Our Family Business – Next Gen Leaders Read More »
When it comes time to transfer your family-owned business on to the next generation, there is an incredible array of questions you’ll need to answer and options to consider. It’s not as simple as handing them the keys to the door. Although there are many additional estate planning tools and options, there are four main
Succession Planning: Transfer Tools & Options Read More »
In today’s business world, companies are constantly seeking ways to enhance productivity, boost employee satisfaction, and improve their bottom line. One innovative approach to address these challenges is biophilic design – thoughtfully incorporating natural elements into the built environment through direct and indirect means. By reconnecting employees with nature, businesses can reap significant benefits and
Bringing Nature Indoors: The Business Case for Biophilic Design Read More »
The HR Audit was the focus of our most recent Human Resources Roundtable. Whether you’re in the role of human resources (HR) for your family business or you have an HR professional on staff, it’s important to understand that this role is equal parts risk management, employer protector, and people advocate. For this session we’ve
You Audit Know: How to Prepare your Family Business – HR Roundtable Read More »
