Tag Archives: culture

The Case for Versatility

If you read my post earlier this week, you will see that I began to explore the keys to effective leadership in a family business, and that one of those identified keys is a deep understanding of the family business’ … Continue reading

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Slothful, Indeed

The December 18, 2013 blog post on Freakonomics discusses recent research on family firms and draws the conclusion that non-family CEOs drive better performance for their companies for the simple reason that they work more hours than do family CEOs. … Continue reading

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Help new executives avoid landmines…

When you start the process to hire an executive from the corporate world to work in your family business, be proactive in setting the stage for the person to be successful.  Explore cultural and job fit deeply, and reveal sacred … Continue reading

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Good communication is more important to asset sharing families than to others.

While of course good communication is important for all families , the stakes are higher for asset sharing families. Communication breakdown, conflict, and family dissension may affect not only family relationships, but business integrity and  the  livelihood of family members, … Continue reading

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How do you Identify Important Director Attributes for Your Board?

When you sit down with your existing board and/or management to discuss what you are looking for in a new director, it’s likely that you create a list of skills and experiences that you feel a director should possess in … Continue reading

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Case Study: Heineken as a Family Business

by John L. Ward I had occasion to hear a talk by the Chairman/CEO of Heineken, Jean-Francois van Boxmeer.  So much of what he said reaffirmed our observations and experiences. First, some context, then our shared views. Heineken is about … Continue reading

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Merry “Charisma Wrist”???

During the winter holidays, I heard a young child mispronounce “Christmas” as “Charisma Wrist,” so I now have charisma on my mind. As one who’s been fortunate to work with many effective leaders of family businesses, I’ve been thinking more … Continue reading

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HEB Founder Culture 107 Years On

On November 26, 1905, Mrs. Florence Butt took out a $60 bank loan to open the first H-E-B store in Kerrville, Texas. The store was run on the ground floor of the Butt’s house and was named C.C. Butt in … Continue reading

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A Founder’s Profound Influence on Business Culture

Ikea is a Swedish family owned and operated enterprise in the home furnishings retail space.  Broadly known as the world leader for designing, manufacturing and selling modernly designed and cheap functional furniture, first generation founder, Ingvar Kamprad originally started out … Continue reading

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Long Term Culture is Key to a Winning Business Strategy

We’ve been talking a lot lately about the important role culture plays in organizations and how that is particularly visible within family businesses. That’s because family firms have been really clear about their values from the beginning – even if … Continue reading

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