Rania LABAKI, Ph.D.
Associate Professor of Management
Director, EDHEC Family Business Centre
Scholar, Cornell Smith Family Business Initiative
rania.labaki@edhec.edu
Mentors: An Entrepreneur's Most Valuable PlayerBabson College
Ask entrepreneurs to describe their mentors and you’ll hear the words adviser, advocate, backer, believer, consultant, coach, confessor, critic, cheerleader … straight through the alphabet to zealot. While much is made of the critical importance of finding a mentor, the term can seem as broad as the spectrum of human relationships. We asked a number of experts to consider what factors make a successful mentoring relationship between entrepreneur and mentor. They offered five observations.
Story originally written by: Doug Hardy
To describe the importance of family businesses in the Asia–Pacific and their unique problems
To discuss the concept of transgenerational entrepreneurship and its differences in mind-set and context
To explore the unique types of family capital
To examine some of the hallmarks of family entrepreneurship across our region
To depict family entrepreneurship as three sometimes conflicting but overlapping systems
To explore the ways that climate change and family entrepreneurship may be interrelated
To examine the problems as well as the key factors in management succession
To explain the steps involved in carrying out a succession plan
To understand the contextual aspects toward developing a succession strategy
To examine the harvest strategy for reaping the value of family business through trade sale
At Vikasa share your Innovative Ideas that tackle social problems and promote the spirit of social entrepreneurship to reduce poverty and inequality by supporting them with necessary skills.
For More info Visit : http://vikasacenter.org/social-entrepreneurship/
Email Us : anusha@balavikasa.org
Family owned businesses account for between 80-90% of all businesses. In the winery industry, possibly even more. As this industry has grown rapidly in recent year, those businesses are approaching succession. Here are some strategies to employ to keep your enterprise thriving.
Rania LABAKI, Ph.D.
Associate Professor of Management
Director, EDHEC Family Business Centre
Scholar, Cornell Smith Family Business Initiative
rania.labaki@edhec.edu
Mentors: An Entrepreneur's Most Valuable PlayerBabson College
Ask entrepreneurs to describe their mentors and you’ll hear the words adviser, advocate, backer, believer, consultant, coach, confessor, critic, cheerleader … straight through the alphabet to zealot. While much is made of the critical importance of finding a mentor, the term can seem as broad as the spectrum of human relationships. We asked a number of experts to consider what factors make a successful mentoring relationship between entrepreneur and mentor. They offered five observations.
Story originally written by: Doug Hardy
To describe the importance of family businesses in the Asia–Pacific and their unique problems
To discuss the concept of transgenerational entrepreneurship and its differences in mind-set and context
To explore the unique types of family capital
To examine some of the hallmarks of family entrepreneurship across our region
To depict family entrepreneurship as three sometimes conflicting but overlapping systems
To explore the ways that climate change and family entrepreneurship may be interrelated
To examine the problems as well as the key factors in management succession
To explain the steps involved in carrying out a succession plan
To understand the contextual aspects toward developing a succession strategy
To examine the harvest strategy for reaping the value of family business through trade sale
At Vikasa share your Innovative Ideas that tackle social problems and promote the spirit of social entrepreneurship to reduce poverty and inequality by supporting them with necessary skills.
For More info Visit : http://vikasacenter.org/social-entrepreneurship/
Email Us : anusha@balavikasa.org
Family owned businesses account for between 80-90% of all businesses. In the winery industry, possibly even more. As this industry has grown rapidly in recent year, those businesses are approaching succession. Here are some strategies to employ to keep your enterprise thriving.
For small to medium enterprises, the role of the CFO is critical to sustaining the enterprise and ensuring a smooth succession. Drawing on recent research and first-hand accounts with family business owners and CEOs, the director of the Vermont Family Business Initiative at the University of Vermont and our panel will examine the key traits of the most successful (and enduring) family businesses–and how their CFOs played a significant role in that success.
Overcoming the 4 Barriers Blocking Women EntrepreneursMissNowMrs
Women are starting businesses five times faster than the national average, so this talk targets the needs of this growing group of entrepreneurs.
Danielle Tate, founder of the website MissNowMrs.com and best-selling author of Elegant Entrepreneur, shares strategies, insights and real-life examples of how to overcome the biggest barriers facing women business owners.
Danielle focuses on four topics geared for women entrepreneurs:
Why women should think bigger and avoid the micro niche market trap
Successful funding strategies for female founders
How to conquer risk adversity and time poverty
Sourcing role models and defeating self-imposed isolation
In this session I walk through the different types of startups and how to best finance and scale them.
We’ll learn
— Difference between a startup and a business
— The six types of startups
— Finance options for startups
— How to begin scaling
Many Wealth Managers positioning themselves as a family office to wealthy investors. The term "family office" connotes sophistication, independence and objectivity.
Entrepreneurial Leaders: Their Unquestionable Importance & Necessary TraitsEddie Dovner
Entrepreneurial journeys succeed best when leaders are equipped with valuable leadership skills. The essential nature of entrepreneurship centers on directorship and the accumulation of managerial, influential, and authoritative traits. Please visit EddieDovner.info to learn more
RIES is a community-based economic development framework that delivers a range of social and economic outcomes. It has the potential to discover and stimulate hidden entrepreneurship. This work has won the Royal Society of Arts challenge 'Making today's economy work for tomorrow'.
Family Business Succession: What You Need to Know to Effectively Advise Busin...Nicole Garton
The owners of half of all small and medium size enterprises in Canada in Canada are set to retire in the next decade, with an estimated $1.9 trillion dollars of assets poised to change hands. Learn how to help your clients establish a successful plan for the transfer of ownership and management of the business to a chosen successor.
Hautepreneurs 2014 Haute Honors Award Winners and FinalistsJessica Mathews
Congratulations to all of the incredible women who were nominated for our first annual Haute Honors Awards for 2014, and a special shout out to those who were named Finalists and Winners. www.hautepreneurs.com
For small to medium enterprises, the role of the CFO is critical to sustaining the enterprise and ensuring a smooth succession. Drawing on recent research and first-hand accounts with family business owners and CEOs, the director of the Vermont Family Business Initiative at the University of Vermont and our panel will examine the key traits of the most successful (and enduring) family businesses–and how their CFOs played a significant role in that success.
Overcoming the 4 Barriers Blocking Women EntrepreneursMissNowMrs
Women are starting businesses five times faster than the national average, so this talk targets the needs of this growing group of entrepreneurs.
Danielle Tate, founder of the website MissNowMrs.com and best-selling author of Elegant Entrepreneur, shares strategies, insights and real-life examples of how to overcome the biggest barriers facing women business owners.
Danielle focuses on four topics geared for women entrepreneurs:
Why women should think bigger and avoid the micro niche market trap
Successful funding strategies for female founders
How to conquer risk adversity and time poverty
Sourcing role models and defeating self-imposed isolation
In this session I walk through the different types of startups and how to best finance and scale them.
We’ll learn
— Difference between a startup and a business
— The six types of startups
— Finance options for startups
— How to begin scaling
Many Wealth Managers positioning themselves as a family office to wealthy investors. The term "family office" connotes sophistication, independence and objectivity.
Entrepreneurial Leaders: Their Unquestionable Importance & Necessary TraitsEddie Dovner
Entrepreneurial journeys succeed best when leaders are equipped with valuable leadership skills. The essential nature of entrepreneurship centers on directorship and the accumulation of managerial, influential, and authoritative traits. Please visit EddieDovner.info to learn more
RIES is a community-based economic development framework that delivers a range of social and economic outcomes. It has the potential to discover and stimulate hidden entrepreneurship. This work has won the Royal Society of Arts challenge 'Making today's economy work for tomorrow'.
Family Business Succession: What You Need to Know to Effectively Advise Busin...Nicole Garton
The owners of half of all small and medium size enterprises in Canada in Canada are set to retire in the next decade, with an estimated $1.9 trillion dollars of assets poised to change hands. Learn how to help your clients establish a successful plan for the transfer of ownership and management of the business to a chosen successor.
Hautepreneurs 2014 Haute Honors Award Winners and FinalistsJessica Mathews
Congratulations to all of the incredible women who were nominated for our first annual Haute Honors Awards for 2014, and a special shout out to those who were named Finalists and Winners. www.hautepreneurs.com
Families share how they have maintained and grown their wealth from generation to generation. While creating wealth is a wonderful achievement, business families are also concerned with how their wealth is used to support their values, the lives of their children and the well-being of the community.
Over several generations, families who are successful in growing their wealth have been able to reinvent themselves and their business in the face of significant environmental transformations and internal differences cause by family dynamics.
Borrowed from my Grandchildren is a fascinating look at how large, long-lasting business families succeed across generations. Author Dennis T. Jaffe, one of the leading architects of the field of family enterprise consulting, has interviewed members of successful, well known, 100-year family enterprises from 20 countries, who serve as role models for those wishing to see their wealth positively impact their children, employees, and communities. Half continue to own their legacy business and others have gone on to become family offices with a portfolio of shared assets, but all these families have sustained their values and identity as a family over more than three generations.
Offering the collected wisdom of nearly 100 global business families, this insightful book shares the real-life stories of partners in business and wealth management over three of more generations. Families that generate rather than reduce their wealth across generations, known as Generative Families, focus on engaging across generations and develop collaborative governance for both family and business to ensure responsible stewardship from one generation to the next. This unique resource: Presents real-life stories of families sustaining wealth over generations Explores both the successes and failures of retaining family wealth Includes rare private insights from members of prominent wealthy families Examines the nature of global family enterprises and their evolution over generations Discusses the financial, human, and social dimensions of wealth Borrowed from my Grandchildren: The Evolution of Stewardship in 100-Year Families is an essential read for family members, non-family executives, family offices, estate planning lawyers, family business consultants, trust officers, philanthropic and foundation advisors, financial advisors, financial planners, CPAs, and other finance professionals.
Happy Reading & Implementation
Family Business, Non Family Business, Urban MythsSteven Brown
Looking at the differences between Family business, Non Family Business and Urban Myths. The Knowledge and understanding needed for C level people, companies and owners.
business and enterprenurship.difference between enterprenurship and intraprenurship.along with coorporate laws and factors for initiate as an enterprenur
Align, Don’t Hustle: Syncing Your Fundraising Career With Your Personal ValuesBloomerang
https://bloomerang.co/resources/webinars
Christal M. Cherry will show you how to identify the ideal organization with values that align with your fundamental beliefs and lifestyle.
Family Business & Sustainability Webinar Presentation BoardsImpactForum
Full presentation shared at Boards Impact Forum webinar on Family Business and Sustainability May 27 2021 https://www.youtube.com/watch?v=IlToBZSuU6s&t=6s
Ann Dugan - Senior Managing Director of Advisory Services, Family Office Exchange
Are family legacy and innovation incompatible? There are many complexities that come with being a family enterprise. What starts out as a family business gradually evolves into multiple businesses, real estate holdings, and investment portfolios. Balancing the legacy of the family with the needs of the business to grow and innovate requires thoughtful planning and thorough family involvement.
Learn from David Smorgon OAM, CEO of Pointmade, as he guides you through the process of transitioning a family-owned business, sharing his experiences from Smorgon Consolidated Industries, one of Australia’s largest family businesses.
My partners and I started our brokerage in 2002. Now we’ve done over $130 million in new premium and expanding rapidly. The underwriter we work with counts on us for over 40% of their annual business so it’s a really exciting place to be! We offer something that sets us apart from just about everyone else: a system that works. Our sales system is proven to be successful as long as you follow what we teach you. Come be a part of a company recognized as one of INC 5000’s quickest growing companies in the US.
This article argues that family business centers need to align themselves with their universities' missions through strategic planning. It further argues that in most cases this means building the program on an academic base of either teaching or research. Part of establishing that base includes analyzing the balance among teaching, research, and service (i.e., using the [201c]Holistic Model[201d]). Without this approach, the risk of failure greatly increases. The experience discussed throughout this article is that of a small, private, liberal arts university that, using the approach recommended, built its center on the foundation of teaching. Many of these issues warrant further research.
During spring break 2020 (March 29 – April 4) the Smith Family Business will be leading a new student trek to Italy to explore many significant family businesses, Italy history and culture. The trek will begin in Milan and travel through Verona and Tuscany, finishing in Rome.
Family and privately-owned businesses have a distinct advantage when family and ownership are closely aligned. Evergreen businesses are led by purpose-driven leaders with the grit and resourcefulness to build and scale private, profitable, enduring and market-leading businesses that make a long-term difference. Understanding certain “evergreen” principals, which may already be in place in your family or business, can be an effective lever to empower innovation in this generation and others to come.
Interruptions come in all shapes and sizes, from those considered a normal part of the business cycle such as changing market conditions or an acquisition proposal, to the deeply personal and subjective, such as the birth of a child, the loss of a loved one or a new idea and the choices it brings. They can be frightening and destabilizing, but they can also be used as catalysts for growth and improvement. It all depends on how you respond to them. Entrepreneurs have to be ready to accept and even embrace these changes as they come.
Ramez Baassiri – Board Member, AHB Group
Presented by David Teten - Managing Partner, HOF Capital
The cost of starting a business has trended down to the cost of being unemployed, which means dramatically more startups, and therefore more competition for your startup idea. How do you identify a startup idea that addresses a market others are not serving?
Family businesses have received an increasing amount of attention of late, and rightfully so. They dominate the global economy, from the corner store to the Fortune 300. As publicly owned corporations grow larger, as political systems grow more fragile, and as uncertainty permeates through many corners of society, family businesses will continue to play a key role in building trust and driving innovation. Despite all of this, family businesses are still largely misunderstood; seen as small, insular and conflict ridden. The Smith Family Business Initiative was launched in 2014 to dedicate our efforts towards understanding what makes family business unique, amply positioned and ultimately well suited to tackle the business challenges of global economy. Learn what is now underway at the SC Johnson College of Business and across all of Cornell to connect, educate and inform students, alumni and leaders from family businesses all across the globe.
Every business founder will be faced with the same decision at some point – “How do I exit this business I have created (or inherited)?” Nearly half of all business failures are precipitated by the owner’s death. Regardless of what stage your business or practice is at, thoughtful planning and communication with your family and business are critical components in a smooth business succession. Understanding how business, ownership and family are often interwoven is one pathway to success in any business transition process.
LinkedIn has established its staying power and proves to be one of the most useful tools for your business and career. In this year’s 7x7x7, hear from 7 experts who have leveraged LinkedIn’s tools, features, and groups to enhance their own profile, increase contacts, and grow their business. Tips will span from personal applications of LinkedIn to enterprise level features that can be used for your business.
While change has always been a constant, the pace of change seems to have increased exponentially. This change permeates through all aspects of business as well; competition, marketing, social media, health care, even your employees. As a business owner or leader, you are challenged with keeping up with that change - perhaps even embracing it. The 2013 7x7x7 panel examines where change is happening, what it's impact will be on you and how you might take full advantage of that.
How can we sort out the mysteries of talent? Anyone trying to build a great organization faces the same basic challenge, whether we work for a big company, a startup, a Hollywood studio, a hospital, or the U.S. military. We all wonder how to tell really outstanding prospects from ones who look great on paper but then fail on the job. Or, equally important, how to spot the ones who don’t look so good on paper but might still deliver extraordinary performance.
Recent news of financial misappropriation by employees, brand hijacking and even natural disasters have left many businesses in the lurch and even closed many. As a business owner or leader, time and knowledge is critical. The pace of each day leaves little time for knowing every facet of your business. As budgets tighten, you are pressed to do more with less. It is not uncommon to have a myriad of things fall through the cracks - blind spots! This year's 7-7-7 panel will explore the many blind spots that exist and offer some simple and practical tips for identifying and preventing them from doing further damage.
As a business owner or leader, you are constantly subjected to competition from many sources. Falling victim to the demands of today's market can leave your company unprepared when priorities begin to collide. Whether you are a small or large business, owner or employee, consultant or advisor, working ON your business rather than IN your business will help you begin to build value in your brand. This panel of seven experts will share seven simple ideas and tips that any company can immediately implement to add value to their brand and business using social media, new marketing ideas and other brand building techniques.
The seminar is organized by UVM's Vermont Family Business Initiative
Successful family enterprises are different in many ways, but they have at least one
thing in common; they are well organized. Their success is achieved through thoughtful
planning, and part of this organized approach often involves creating a Family Constitution. Source: www.familybusinesssolutions.co.uk
Linked In continues to rise in popularity and usefulness. Its features allow for connections to those in your extended network, job search, and discussions. Where might Linked In help your business and professional career.
More from Smith Family Business Initiative at Cornell (20)
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
5 Things You Need To Know Before Hiring a Videographer
“Borrowed From My Grandchildren”
1. “Borrowed From My Grandchildren”
Evolution of a 100-Year Family Enterprise
Presentation by Dennis T. Jaffe, PhD
Wise Counsel Research
djaffe@dennisjaffe.com
2. Family businesses are different than
other businesses…
• The owners have a personal relationship and
care about more than financial returns
• Young people grow up expecting to become
owners and wanting to make a contribution
3. Opposing Views of Family Enterprise
Wealth Creating
Generative
Destructive
Self-Defeating
4. Uncovering the Reality:
Research into 100-Year Families
• Study the best
• Success in family
and business/
wealth creating
• They are evolving
• Hear their stories
Research supported by Merrill Lynch & US Trust
5. Generative Families
CONTINUALLY ADD
VALUE TO FAMILY
WEALTH IN ALL
DIMENSIONS
• Successful into or beyond 3rd
generation
• Large thriving business or
enterprises
• Sustain family connection and
commitment across
generations
6. Correcting Myths about Family Enterprise
Family businesses inevitably decline.
Wealth creation is achievement of lone entrepreneur.
Business sale marks the end of the family enterprise.
Family business is successful when family moves
away from involvement.
7. Family is the Focus, not Business:
“Tribal” Family Enterprise
• Tied together by legacy values,
assets & agreements
• Shared identity combining
history & destiny
• Develops its own institutions,
activities, rituals
• In the shadow of dispersion: free
choice to leave
• Need to be resilient, renew itself
every generation
Community of Active Citizens,
Stewards in Rising Generations
10. “Pillars” Separating Family & Business
• Special trust as family
• Engage each other
• Explicit values
• Celebrate rich history
• Extensive organization
• Develop human capital
• Shared philanthropy
• Long-term commitment
• Patient capital
• Professional management
cadre
• Non-family CEO option
• Exit policy for shareholders
• Independent directors
• Family Employment policy
“TRIBAL” FAMILY
Family Council
PROFESSIONAL
BUSINESS
Board & Owner’s Council
11. • Commit to developing great family
• Engage and educate whole family
• Become active owners
• Separate family from business concerns
Getting on the GENERATIVE Path
13. Harvesting
Sale or New Investment
IDENTITY:
• We are not the business
• Finding new pathways
INCOME:
• Retirement, tax, estate income
• Lower risk
CHANGE:
• Space for new opportunities
• Allowing individual pathways
14. Pruning
Family of Affinity
• Recognizes divergent goals,
values
• Free choice to be a partner
• Renews commitment
• Separates family into
individual paths
15. Diversifying
Multiple sources of new
wealth
• Renew wealth
• New focus for investment
• Allows different paths by
different people, groups
• New opportunities
16. Grounding
Alignment and Identity
• Sustain, renew identity after
business sale
• Shift focus to family from
business
• Develop human capital
• Share values, purpose
18. Generative Alliance:
Balancing Contributors for Change
• Many elements allow graceful
transformation
• All stakeholders valued, able to define
meaningful role
• Interaction allows creative development
• Involves the whole family/business system
• Anticipates and allows major change
19. • Foundation principles before
adapting to change
• Collective wisdom of elders
• More than money
• How, why do we do what we
do?
• Inspire family to continue
• What’s important as a family?
24. The Generative Alliance
Core
Values
Definition Stakeholders
LEGACY
Foundational Culture
Tradition
Trust,
Fairness,
Respect,
Stewardship,
Integrity
Enduring business
values, policies and
traditions of prior
generations
Elders, founding
generation
CRAFTSMEN
Business Discipline
Excellence
Quality,
Continuous
improvement
Creating a great
business by doing
something better
than everybody
else
Family business
operators,
non-family
executives
OPPORTUNISTS
Entrepreneurship
Innovation
Creativity,
Discovery,
Pioneering
Anticipating change
and seeking new,
innovative
opportunities
New generation
family members,
with education and
experience in new
areas
26. Listen to Voices of the Family
• Build a community
• Share the legacy
• Invite participation
• Open to new ideas
• Define fairness
• Develop social capital
• Find many paths
• Become engaged
owners
27. Core Elements of Governance
Councils
Agreements
Roles; Boundaries Feedback; Accountability
Transparency
30. Dennis T. Jaffe, Ph.D.
• Wise Counsel Research
• Contributor, Forbes Leadership Channel
http://www.forbes.com/sites/dennisjaffe
• Author, Cross Cultures; Stewardship in
Your Family Enterprise; Rekindling
Commitment; Working With the Ones
You Love; Take This Job and Love It
• Beckhard Award, Family Firm Inst.
• BA, MA, PhD, Yale University
• Professor Emeritus, Saybrook U, SF
djaffe@dennisjaffe.com www.dennisjaffe.com