More at Stake: The Family Business Podcast

More at Stake: The Family Business Podcast

Empowering Family Business Owners and Advisors

Episodes

February 10, 2021 20 mins
In this episode, Keith Michaelson and Don Opatrny of The Lovins Group introduce and discuss the first of six key challenges that couples face when they are part of a family business: managing boundaries. Don and Keith walk us through why boundaries can be challenging for couples in the context of family business, the kinds of boundary conflicts that can occur—what they look like, how they can feel—and then offer some ideas and too...
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Don Opatrny and Keith Michaelson of the Lovins Group join The Family Business Podcast to discuss the role of family meetings in family enterprises and offer some practical ideas for improving your family’s family meetings. Family meetings play an important role in family business governance. They are an opportunity to grow the capacity of the family to meet challenges together, as a family, and create space to succeed in what the ...
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In this episode, David Worth sat down with Engaged Ownership associate, Nathaniel Squires, to discuss how his family’s enterprise, Worth Industries, has turned a simple strategic concept into a robust form of Enterprise Capital. David is Chair and former CEO of Worth Industries, and Executive Director and our colleague at The Family Enterprise Center of the University of North Carolina, Chapel Hill. New to the podcast? Be sure to...
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July 24, 2020 8 mins
Human Capital is essential to a family business. But Human Capital can also be fragile. How do you ensure that the essential know-how that makes your business uniquely successful gets carried on? How do you scale your competitive advantage? How do you protect your most important capital? You make it into Enterprise Capital. What is Enterprise Capital? Enterprise Capital is all the unique know-how embodied within a business that al...
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Trust | Listen | Respect In this episode, Executive Leadership Coach Jane Sommers-Kelly speaks on her three-element approach to improving collaboration and tapping into Human Capital in teams and businesses: Trust, Listen, and Respect. You and your team can use this deceptively simple concept to tackle big questions, leverage untapped Human Capital, foster collaboration, and find solutions when solutions are hard to come by. Liste...
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Don Opatrny and Keith Michaelson of the Lovins Group join The Family Business Podcast to talk about how COVID-19 is presenting new and difficult ways guilt can manifest itself in our lives. In this interview, Keith and Don share how family business leaders are coping when feeling overwhelmed and guilty from challenges they face or decisions they may have to make. Listen in to learn more about how you might deal with these challeng...
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Around the world, family businesses are reacting and adapting to the challenges presented by COVID-19. In our work at Engaged Ownership and Renkert Thomas Consulting, we have found enterprising families to be uniquely adept at navigating such crises. How do they do it? By finding new ways to tap into their Human Capital. Listen in to learn more about how you can tap into your Human Capital and hear some examples of how businesses...
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May 21, 2019 55 mins
Engaged Ownership Part IV discusses three situations that present challenges to developing engaged ownership: when the enterprise has both managing and non-managing owners, when a trustee is also an owner, and when outside investors are owners. Each of these circumstances presents unique challenges to a group of family business owners. Part IV of Engaged Ownership provides strategies for overcoming these challenges.
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April 4, 2019 71 mins
Practicing Engaged Ownership Part III explains how family business owners do the work of practicing engaged ownership and foster and maintain engagement. Chapter 11 spells out the reasons for and benefits from developing forums in which to make decisions. Family business forums include the Owners Council, Board of Directors, Family Assembly, and Beneficiary Council, and each has unique roles and responsibilities. An essential part...
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March 7, 2019 132 mins
Part II: Getting Organized Part II of Engaged Ownership provides a foundation for family business owners seeking to increase engagement. You will learn about the complex relationships among owners, board of directors, management, and family, and how those wearing multiple “hats” can better navigate their responsibilities. You will also learn how family history, legacy, and natural governance affect the culture and environment with...
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July 30, 2018 21 mins
The Concept of Intention Ken McCracken joins More at Stake: The Family Business Podcast to discuss the concept of Intention in family business ownership. Intention shapes the way a family interacts with its enterprise and has significant impact on how the family business system operates as a whole.  Listen in to learn about this fascinating—and often overlooked—aspect of family businesses. Want to learn more? Ken wrote a two-par...
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June 5, 2018 75 mins
Welcome to the Engaged Ownership: A Guide for Owners of Family Businesses audiobook. To purchase a hardcover copy of Engaged Ownership—and receive a complementary Engagement Toolkit Map Book—visit the store on our digital family business magazine, MoreAtStake.com. Part I | Engaged Ownership: An Introduction Part I introduces the concept of engaged ownership—a different paradigm for family business owners and advisors. Engaged own...
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May 18, 2018 36 mins
Where does conflict come from? How can it be managed? Listen in as Amelia and Blair Trippe discuss Blair and Doug Baumoel’s exceptional book, Deconstructing Conflict: Understanding Family Business, Shared Wealth and Power. Based around the “Conflict Equation,” Deconstructing Conflict gets to the heart of conflict in family enterprises, and how it can be identified and managed.
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May 11, 2018 46 mins
Dennis joins More at Stake to discuss his latest publication, Governing the Family Enterprise: The Evolution of Family Councils, Assemblies and Constitutions. Governing the Family Enterprise takes a look at what Dennis calls "generative families," and how these extraordinary families are able to meet the challenges of the coming generations as they grow and become more complex. As both an organizational consultant and clini...
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