Family Business Resource Center

Adding Too Much Value Won’t Get You There

The article, “Adding Too Much Value Won’t Get You There,” written by Dr. Marshall Goldsmith, Ph.D., Exec. Coach and Educator, Award-Winning Author, Thinkers 50 Hall of Fame Member, and originally published on marshallgoldsmith.com, discusses why the concept of leaders wanting to “add value” to a team member’s idea may actually be counterintuitive.

The Impact of Key Performance Metrics on Family Business Succession

The article “The Impact of Key Performance Metrics on Family Business Succession” discusses how family-owned businesses share many strengths; however, a key area that needs significant improvement is succession.

Webinar: What Got You Here Won't Get You There

This once-in-a-lifetime conversation between Dr. Marshall Goldsmith and Mikel Williamson is moderated by First Bank's Senior Vice President and Director of the Center for Family-Owned Businesses Ed Hart. Goldsmith and Williamson discuss how leadership has evolved in the past few years and what traits and characteristics exist in the world's greatest leaders. Watch now.

Why Next-Gen Leadership Transitions Fail

The article, “Why Next-Gen Leadership Transitions Fail,” describes how full buy-in and holistic commitment to a solid succession plan are essential for success. Denise Federer explains how trust, cooperation from all parties, and transparency will help ensure a smooth transition.

Preparing the Next Generation: Is it really necessary to work outside of the family firm?

The article, “Preparing the Next Generation: Is it really necessary to work outside of the family firm?” the author discusses the typical advice of requiring next generation leaders to work outside of the family firm for external experience.

Podcast: Wisdom from a Lifetime of Family Business Leadership

Jan Steiner, former president and CEO of Thoro Packaging, a Southern California-based family business, sits down with Ed Hart to share her journey of taking over her father's company and growing it from $1 million to nearly $40 million in revenue. She emphasizes the importance of connection, joy, and self-management in leadership.