Revealing Family Business Challenges Can Empower Startling Opportunities

How can a family business grow and prosper and successfully transfer from one generation to the next while at the same time avoiding blow-ups and other situations that make for really awkward family get togethers? Join host Hanna Hasl-Kelchner as she welcomes family business expert, Dr Stephanie Brun de Pontet who can tell you how.WHAT YOU'LL DISCOVER ABOUT FAMILY BUSINESS: The most common first generation family business challenges.Which should come first, business or family?Why it's important to manage a family member's sense of entitlement.Distinguishing the rights and duties of family business owners who don't work in the business from those that do.Why pay objectivity is more important than pay parity among family working in the family business.The quintessential family business succession challenge.Why next generation leaders must be empowered to adjust leadership styles.And much MORE.GUEST:  Dr. Stephanie Brun de Pontet, holds a PhD and is a senior consultant of The Family Business Consulting Group, Inc., specializing in advising family enterprises facing important transitions. She has extensive experience working with sibling teams. She also develops training programs to educate next generation family members.A recognized expert on the topic of succession, Stephanie frequently collaborates with clients on key aspects of this process, such as establishing succession plans, drafting needed policies and governance structures, and building a framework for next-generation collaborations.  Her work is driven by knowledge and experience from the fields of management, entrepreneurship and psychology.In addition to her consulting work, Stephanie is the co-author of 2 books, Building a Successful Family Business Board: A Guide for Leaders, Directors, and Families (A Family Business Publication)" rel="noopener noreferrer" target="_blank">Building a Successful Business Board and also Siblings%20and the Family Business: Making It Work for Business, the Family, and the Future by Brun de Pontet, Stephanie, Aronoff, Craig E., Mendoza, Drew [Palgrave Macmillan, 2012] 2nd Edition [Paperback] (Paperback)" rel="noopener noreferrer" target="_blank">Siblings and the Family Business.Stephanie’s passion for helping families extends beyond the family business. She serves on the Board of Kate’s Club, an Atlanta non-profit whose mission is to empower children and teens after the loss of a parent or a sibling.RELATED RESOURCES:Contact Stephanie and connect with The Family Business Consulting Group on LinkedIn, Facebook. Plus read their insightful  This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hannahaslkelchner.substack.com