Family Business Wiki's Town Square

Family Business Wiki's TOWN SQUARE

May 2011 Blog Posts (14)

El Director Externo Independiente en el Directorio de la Empresa Familiar

Cada vez mayor cantidad de sociedades de propiedad familiar deciden implantar el directorio con la participación de profesionales externos independientes.



Esto es una buena señal, y en parte se justifica a que diversos estudios señalan, “que si hubiera que hacer una sola cosa para aumentar las posibilidades de continuidad de las empresas familiares, habría que implantar y/o profesionalizar sus directorios”.



Para identificar las características de un director… Continue

Added by luis scerpella robinson on May 31, 2011 at 1:00pm — 1 Comment

La empresa familiar en Latinoamérica: Un estudio sobre su caracterización y tendencias (Informe sobre el Trabajo en Curso)

El proyecto titulado "La Empresa Familiar en América Latina: un Estudio de Caracterización y Tendencias", es una iniciativa no gubernamental que busca consolidar un cuerpo de conocimientos y sensibilizar al público sobre la importancia de este tipo de empresas.

Este estudio (el primero de su tipo y el alcance en el continente), tiene por objeto determinar la dinámica actual, las características y el enfoque futuro de la sucesión, la profesionalización y las estrategias de…

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Added by Guillermo Salazar on May 27, 2011 at 12:30pm — 1 Comment

Family Business in Latin America: A Study of Characterization and Trends (A Work in Progress Report)

The project entitled “Family Business in Latin America: a Study of Characterization and Trends,” is a Non-Governmental initiative that seeks to consolidate a body of knowledge and raise public awareness of the importance of these type of businesses.

This study (first of its kind and scope in the continent), seeks to determine current and dynamics, characteristics and future approach of succession, professionalization and internationalization strategies. The project began to collect…

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Added by Guillermo Salazar on May 27, 2011 at 11:00am — 1 Comment

12 Steps of Family Business Anonymous

Having spent 12 years as Director of the Family Business Council (FBC), one of Mihaylo College’s Centers for Excellence at Cal State Fullerton, I have gathered substantial insight into the specific issues family businesses face. With retirement on the horizon, I’m preparing to pass the proverbial baton to a new Director, and I set about reflecting upon my tenure as FBC Director and the countless family…

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Added by Mike Trueblood on May 26, 2011 at 1:03pm — 1 Comment

one way to identify great solutions and great board members

Added by Ira Bryck on May 26, 2011 at 6:41am — No Comments

family business and banking

Added by Ira Bryck on May 26, 2011 at 6:39am — No Comments

If We Don’t Have It

I love a well stocked store. My sister, Andee, and I had an odd game we'd play in an ancient "5 & 10" of our youth: one of us would mention an item; the other would have an allotted time to find it. The had a sign up "If we don't have it, you don't need it" that I thought was the coolest show of confidence imaginable.…



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Added by Ira Bryck on May 26, 2011 at 6:30am — No Comments

In the U.S. Opportunity is Knocking: Gifting Discounted Assets Under Tax Relief Act of 2010

            The owners of family businesses are sitting on a potential opportunity to make significant gifts to family members before December 31, 2012.  The opportunity exists because of the increase in the lifetime gift exemption to $5M and the valuation discounts available for closely-held businesses.  This means that millions of dollars can be transferred to the next generation without incurring a tax liability.  This window of opportunity is open until December 31, 2012 when the Tax…

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Added by Kay B. Abramowitz on May 24, 2011 at 7:01pm — 1 Comment

The Meaning of Meaning

Once upon a time, in the land of Apocrypha, a consultant either earnestly or cynically measured the effect of turning the lights down in a factory, explaining to the staff that it was expected to improve morale, and Lo!, it did. And returned weeks later, turned them back up, where they were before, since new research said that was the point of More Morale, and It Was Good.

More recently, in the land of Silicon, selected employees at Google are called forth, and told that an algorithm,…

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Added by Ira Bryck on May 10, 2011 at 4:01pm — No Comments

If you’re like many business owners, you may wonder how much time you need to spend “at 10 thousand feet” – thinking the big thoughts that a leader/owner/family member “should” be thinking.

I think a little bit goes a long way- but most people I know spend very little time up there – and almost none up there with other family members in the business.

How about making it a practice to go out once a month? to a comfortable restaurant, where you can relax and talk together, and have a philosophical discussion that does not need to be implemented any time soon. No pressure!!!! Blue skies!

With a few simple…

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Added by Ira Bryck on May 10, 2011 at 4:00pm — No Comments

If We Don’t Have It

I love a well stocked store. My sister, Andrea, and I had an odd game we’d play in an ancient “5 & 10″ of our youth: one of us would mention an item; the other would have an allotted time to find it. They had a sign up “If we don’t have it, you don’t need it” that I thought was the coolest show of confidence imaginable. 

But now I think: how does that jibe with that other mainstay “the customer is always right”? If I say I need it, and they don’t have it, they’re…

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Added by Ira Bryck on May 10, 2011 at 4:00pm — No Comments

New Family Business Book "Understanding the Family Business" Keanon Alderson

My new book entitled "Understanding the Family Business" was just published on May 1, 2011. It has a forward by Carmen Bianchi and the series editor is noted entrepreneurship author Scott Shane. The book is a quick read and is designed for use as a family business primer, as a supplemental book for a small business class, and for professionals who target family firms. A special section is included on how family firms make business decisions.

It is available at Amazon, Barnes&…

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Added by Keanon Alderson PhD on May 7, 2011 at 2:00am — No Comments

Seeking Advisory Board Member with LP Gas Experience

I have a client who is seeking for a 3rd board member who has experience with liquid petroleum gas (“LP Gas”).  This is the gas that is commonly placed in tanks used for barbecue grills and heating of cabins and home not connected to natural gas.  Additional qualifications include:

 

Skills…

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Added by Larry D Hause on May 5, 2011 at 8:51am — No Comments

Mother of a Family Business

When the Young Presidents Organization brought me to El Salvador to speak to their newly formed chapter last year, I was both apprehensive and curious to see how my contrarian message on family business succession planning would translate in the Latin culture. I knew that in a country where family businesses extend into politics, my belief that no family business should ever be gifted would fly in the face of deep-rooted tradition.

As I cleared customs I was…

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Added by Tom Deans Ph.D. on May 2, 2011 at 11:15am — No Comments

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