Whether it’s promoting a child who’s not ready, avoiding tough conversations with a sibling, or resisting outside advice to ‘keep peace,’ emotional decision-making often drives critical decisions that should be based on logic, strategy, or data. Many family businesses find themselves struggling through the decision-making process due to various emotional factors at play. Emotional decision-making […] The post The Hidden Cost of Emotional Decision-Making in Family Businesses appeared...| Conway Center for Family Business
As cyberattacks increasingly target mid-sized businesses, “it won’t happen to us” is no longer a safe assumption. These companies are prime targets, handling sensitive data without enterprise-grade defenses. Staying informed and proactive is critical to avoiding financial loss, data breaches, and reputational damage. Why "It Won't Happen to Us" Is No Longer an Option Cybercriminals […] The post Cybersecurity Threats Every Mid-Sized Business Should Be Watching appeared first on Conway ...| Conway Center for Family Business
Leading a family business is a distinct challenge, demanding a unique blend of strategic acumen and an acute understanding of interpersonal dynamics. Truly effective leadership in this environment hinges on a deep personal foundation and a lot of intention and focus on how you lead. In comes conscious leadership – an approach centered on cultivating […] The post Conscious Leadership & Family Business – Leadership Development appeared first on Conway Center for Family Business.| Conway Center for Family Business
Family business creates fertile ground for reinvention. When done well, innovation doesn’t dilute a family’s legacy, it strengthens it.| Conway Center for Family Business
At the Succession Planning Roundtable: Back to Basics - Essential Documents for Your Family Business, Bea Wolper with Emens Wolper Jacobs & Jasin and Meredith Sugar with Taft/ facilitated a highly informative and engaging roundtable discussion focused on the foundational legal documents every family business needs. The conversation was filled with practical advice, cautionary tales, […] The post Essential Documents for Your Family Business – Succession Planning appeared first on Conway Ce...| Conway Center for Family Business
We'll explore the transformative power of saying no for the growth, ownership, and long-term health of your entire family business.| Conway Center for Family Business
Trust is a powerful and delicate thing. Like much of what we rely on in our family business relationships, trust offers us a paradox of sorts that can be difficult to navigate. In our most recent NextGen Leaders Group at the Conway Center for Family Business, we explored how trust is built, how it grows, […] The post Maintaining Trust in the Family Business – Next Gen Leaders appeared first on Conway Center for Family Business.| Conway Center for Family Business
At the May Monthly Educational Program: Leading a Family Business with Siblings and Cousins, Becky Fromkes, Professional Implementer with EOS Worldwide, facilitated a dynamic and insightful conversation with siblings Jenny & David Jarvis of Jendco Safety Supply and brothers Adam and Eric Stolly, and their cousin Joel Stolly of Stolly Insurance Agency. The panelists shared […] The post Leading a Family Business with Siblings and Cousins – May Educational Program appeared first on Conway Ce...| Conway Center for Family Business
The AI wave has revolutionized business over the past years, but as adoption accelerates, many businesses still underestimate the risk of AI.| Conway Center for Family Business
Most meetings are poorly designed and a waste of time. Take a look at what makes meetings stink—and what you can do about it.| Conway Center for Family Business
IT policies are a must for businesses. They are a roadmap for managing IT resources. But what exactly are essential IT policies for business?| Conway Center for Family Business
Steering a family business is a unique journey, a blend of passion, legacy, and, undeniably, distinct challenges.| Conway Center for Family Business
When it comes to business, we often make assumptions around three key areas: relationships, communication, and accountability.| Conway Center for Family Business
The most effective leader oscillates between Goleman's the different styles based on the needs of the situation at hand.| Conway Center for Family Business
Family-owned businesses are the backbone of our communities, but, traditional leading models may no longer be enough.| Conway Center for Family Business
Peer groups provide an environment where leaders can connect with others who understand managing both business and family dynamics.| Conway Center for Family Business
As a family business leader, your "why" extends beyond personal ambition. To be successful, you must also have ambitious goals to achieve.| Conway Center for Family Business
The Conway Center for Family Business writes about ongoing issues and topics related to family-owned businesses.| Conway Center for Family Business
Exit planning is a crucial step, that many entrepreneurs overlook, to preparing for your business’s future. Get started today!| Conway Center for Family Business
The decision in Connelly v. United States: owners of closely-held businesses should evaluate the unexpected federal estate tax consequences.| Conway Center for Family Business
Set your organization up for long-term success using 10 key economic indicators to track the economics of being a business owner.| Conway Center for Family Business