Just one second...
Our family has its own mission statement and a set of core values just like our company does. We regularly re-visit these values, discuss them at family meetings, and then refine them. And they have helped keep us close knit and made our working life far more straight forward.
These transition challenges are shaking the basis for the continued cooperation among family members operating inside family businesses.
We know from family business literature that family members’ reciprocal altruism (demonstrated through their value consensus, cooperation and trust) is often touted as the basis for family businesses’ competitive advantage over non-family corporates.
At Talent Leadership Crucible, we support the management of these disruptions and transitions to create cohesion and alignment in the family’s vision, business goals and individual needs. Please contact us for a free consultation.
Some of the work we engage in with family businesses on a customized or open-enrollment format include the below;
How is this unique competitive advantage in your family businesses being eroded by prolonged disruption and ineffective transition?