Articles

Planning for Succession Checklist

Submitted by Dave Schnarr Involve all stakeholders – consult with and involve key family members, next generation, senior managers, etc. Communicate, communicate, communicate – ensure that all stakeholders know what the process will look like and keep them informed of the progress in each step. The founder/owner takes a leadership role – he/she must actively […]

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Three Key Questions Every Organization Needs to Ask

Submitted by Dave Schnarr Three Key Questions that every Organization needs to ask (and write out the answers): Why does your organization need to exist? For whom does your organization exist? Why is the work of your organization so important? By answering these questions, you’ll provide needed insight towards a strong company strategy and vision.

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Family Business Thoughts Shared by Joan Fisk

Submitted by Rick Baker – Spirited Leaders Joan Fisk shared many personal stories with us at the October 22nd Centre for Family Business breakfast event. Several of Joan’s comments and stories struck chords with the audience. Joan was kind enough to let me share with you some excerpts from her presentation. Joan’s grandfather, Edward Warnock, […]

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Why Do Family Businesses Need a Strategic Plan?

Submitted by Dave Schnarr Family businesses like all other businesses have many new challenges facing them today. How will they continue in the long term? How will they utilize new technology to provide a competitive advantage? Is there a plan in place for leadership in the future? Do current issues/ conflicts have a forum to […]

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