Seven Ways to Increase Engagement in a Family Business
Engagement isn’t only about the family interacting with the business or the leadership. Successful engagement also means taking advantage of individual skills throughout the whole family
Meghan Juday
Engagement isn’t only about the family interacting with the business or the leadership. Successful engagement also means taking advantage of individual skills throughout the whole family
Succession is a hot topic, and it always is for a family business. Fifty percent of family businesses are going to go through some leadership transition
Family businesses are full of risks. There’s the risk that the board won’t have the proper directors in place to support the business strategy. There’s
Many families who own family businesses have conflict embedded in their culture. Often it starts a generation or two before the current generation. Conflict gets
It’s a big challenge–growing the business to keep pace with the growth of the family. Since most families grow exponentially, that creates great pressure on businesses.
A successful family partnership in a family-owned business requires three kinds of returns on their investment of time and money. Families must get an emotional
Many experts talk about the Venn diagram with three circles—family, business, and ownership. These diagrams describe the different roles and perspectives an individual can have in
I have worked with several families who have had all progress, all decisions, and all attempts to change or move forward stymied by one simple word.
Many families create a family council to fulfill short-term goals, like developing policies and planning meetings. Once all of the policies are completed and the
I worked with a family a few years ago who had decided they wanted to do an analysis of the dividend policy. The family had
Connect with Meghan
Meghan Juday Advisory – Learn more about her work helping families establish or refine family or corporate governance
Speaking – Discuss upcoming speaking opportunities, whether at a conference, podcast, or interview.
Advocacy – Learn more about Meghan’s work with women in family business leadership, including her work with The Lodis Forum