Hubler For Business Families
   
Management and Leadership
Management and Leadership PlanningManagement and Leadership Planning has to do with the leadership development process for the next generation of adult children in family businesses.  It includes helping the family members identify their gifts and how to effectively utilize those gifts within the family business.

In addition, management and leadership planning includes assisting the owner-entrepreneur in finding something that he/she want to continue to be passionate about so that they can continue to make a significant contribution to the business.  Owner-entrepreneurs do not have to leave the business, but they need to become the architects and designers of the new governance system and the new management and leadership system in the business, as this is where their adult children can evolve into leadership and make a significant contribution to the on-going success of the company.

Another aspect of Management and Leadership Planning is decision-making and management of differences so that effective decisions can be made within the business.

Management and Leadership Planning also includes compensation planning and development of a compensation system for how family members who work in the company will be paid.
When Clients Step Down from the Business They Started - Part TwoAs couples get older and start to consider retirement, many realize how little they understand about each other's dreams and values for the next stage in life.When Clients Step Down from the Business They Started - Part OneThe decision to step down and retire is one of the hardest a family business entrepreneur ever makes. When that time comes, entrepreneurs don’t have to retire and leave their companies. Instead, they must change their job description.Formalize the Love in Successful Family Businesses - Part Twoit's not unusual for family businesses to put off dealing with issues as a way to maintain family unity. Unfortunately, that approach usually backfires, as we saw in the caseFormalize the Love in Successful Family Businesses - Part OneHow structure and shared vision can prevent family rifts from undermining a thriving enterpriseThe Power of Gratitude - Part TwoIn Part 1 of this article series, we discussed how lack of gratitude is the single biggest obstacle to succession planning. Here, we'll explore how the philosophy of gratitude can help family businesses and the advisors who serve them.The Business of Gratitute - Part OneWhy is it so important to learn gratitude, not just voice it? Because at that level it is a business asset. In my experience, the single most troubling obstacle in family-owned businesses is that appreciation, recognition and love are so rarely expressed. The Last Challenge of Entrepreneurship - Part 2Part 2 - Concluding a series focusing on succession planningThe Last Challenge of EntrepreneurshipPart 1 of a two-part series focusing on succession planningFamily Businesses - The Trust Paradox - Part 2How families create formality and structure in their businesses as a way to promote trust in the family as well as in the business.Family Businesses - The Trust Paradox - Part 1Trust is provocative, paradoxical and implies riskThe Trust Paradox of Family BusinessesTrust is the central component to the development of a family firm's social capital according to Pearson and Carr's "The central role of trust in family firm social capital". Their work raises the questions of what trust is and how to sustain it as the family business evolves. Over the past 30 years I have worked with family businesses in the area of transitions, succession planning, and managing what I describe as emotional breakdowns of trust in either business or family relationships. As a result, I believe building trust in the family and in the structure of the business are mutually beneficial to family harmony and a successful family business.Family Business Consultants as LeadersWorking with family businesses as a consultant is one of the most awesome responsibilities I can imagine. It incorporates managing family issues and concerns as well as business issues and concerns and the interrelationship between the two. The impact of choices made by the consultant can have far-reaching effects for both family and business that can impact generations of family members.Do Family and Business Meet or Collide?The way we see it, the overlap between family and business is an organizational problem, but people within the family business experience it as an interpersonal issue. That's why family members commonly blame each other for the situation.When the Business of Your Family is BusinessThe defining qualities of a business contrast starkly with those of the family. While a family is nurturing, a business must be productive. It values competency and candor in order to embrace change and create success. Of course, the skills and sensibilities of business can play a positive role in your family. Business discipline and financial savvy, for instance, positively influence families and their success. Is it a Family-Run Business or Vice-Versa?The family-run business faces unique obstacles. Business differences can tear apart families because the family and business have different (even opposing) goals. While family is protective and loyal with strong emotional ties, these positive qualities can lead to resisting or minimizing change in a business setting.Understanding Both Sides of Family Business ManagementTo help you understand the issues of family business management, we've developed a working model of the family business. It consists of two intersecting circles. The first represents your family; the second, your business.Family Members Entering the Business ChecklistFamily businesses are all about the family, yet major heartaches can occur when next generation adult children enter the business.Changing the Generations in a Family Owned BusinessHere is my list of ten important things younger generation adult children can do to smooth their transition into leadership in the family-owned business so that everyone involved feels positive and vital.

Now Available:



Cornerstone of Hubler for Business Families:

The Soul of Family Business


SCHEDULE YOUR FREE ORIENTATION MEETING.

Take this risk-free first step in ensuring the continued success of your family business now. There is no charge for the orientation meeting other than out-of-pocket expenses for travel. 

TOM HUBLER WILL GIVE YOU A FREE ORIENTATION.

Does your family business need help with succession planning, conflict resolution, management or other issues? If so, we'll arrange a one-on-one orientation meeting with you and Tom Hubler to help you explore the possibilities of working with us. If you choose, your family and business associates can also attend. Here, in a relaxed environment, you can talk about:

- Key family business issues
- Plans necessary for the success of your family-owned business
- Possibilities and expectations
- Terms of the relationship
©All Rights Reserved | Hubler for Business Families - America's preeminent family business consultants
Ownership Planning | Management and Leadership | Business Planning | Family Planning
Contact | Site Map