Recent surveys have unveiled a resounding consensus among family business leaders: the imperative to explore untapped territories ranks among the top priorities for strategic evolution.
The First Bank Center for Family-Owned Businesses hosted "The Secrets of Servant Leadership" event. CEO Shelley Seifert moderated a panel discussion with Dr. Ken Blanchard, author of "The One Minute Manager", and "Servant Leadership in Action", among dozens of other best-selling management and leadership books; Estean Lenyoun, Founder of Impact Urban America; and Roger Kotch, former CFO of In-N-Out Burger.
A buy-sell agreement is a legally binding contract in which the owners of a business set forth the terms and conditions of a future sale or buy back of a departing owner's share of the business. Specifically, buy-sells control when owners can sell their interests, who can buy an owner's interest, and at what price.
Although producing a high-quality product or service that consumers want or need is essential to a successful, sustainable family business model, there’s yet another component that shouldn’t be overlooked: building authentic client relationships.
Dennis T. Jaffe, PhD, Senior Research Fellow at BanyanGlobal Family Business Advisors, acclaimed workshop leader, speaker, and author, shares common traits, actions, and philosophies of family enterprises around the world that are 100 years old or older.
Join us for this conversation about how the right attitude and desire to serve will benefit you and your business.
Author Ken McCracken explores economist and philosopher Adam Smith's thinking on self-interest and sympathy and how to apply it to succession planning.