Working across generations to refresh the Owner Strategy and bring the family closer together.
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It’s essential to make the active choice to stay together as a business family rather than assuming a shared purpose.
Spotlight On: Defining Value Determining What your Family Values MostDefining your Owner Strategy Determining how your family will define success typically translates into three possible outcomes for the business. You can aim for growth, looking to maximize the...
Philanthropy provides an opportunity to bring the whole family together and connect to the family values.
To make a difference in society, it is ok to unleash the power of self-interest in philanthropy.
Effectively giving back to society takes hard work, but the results will be more than worth it.
Focusing on the benefits that philanthropy creates solely for the good of society severely and unproductively limits its reach.
It’s important to discuss your family goals in advance to be successful with your family philanthropic efforts.
Giving back is a priority for most family businesses. Done right, philanthropy can also help sustain a multigenerational enterprise.
Description, Depth, Details, Discussion, Decisions, Consensus. Here’s what that looks like.