Sara Stern, Family Business Center, Minneapolis, Minnesota, has given presentations on Leading Your Business at EMDA’s 2019 Spring meeting and the 2018 Fall Convention. Her latest article is especially timely.
As the leader of a family business your team, your family and your community are looking to you for guidance about what to do next.
Whether you’re prepared to give it or not, they want to hear hope from you. They want direction. They want to feel safe. They want someone to follow.
But how do you do that?
Where do you start?
What tools should you use?
Let’s keep it simple
As a leader of your family business there are three things that need your attention and leadership during tough times.
- Your family.
- Your business.
- The ownership of your family business.
This is the Three Circle Model of Family Business and it was developed at Harvard Business School by Renato Tagiuri and John Davis in 1978.
As a family business you’re uniquely set up to serve as a leader because you have all three circles to support and guide you.
SO WHAT DO YOU DO?
Read the rest of Sara’s article at: https://www.thesagepages.com/leading