Empowering your key decision-makers
The success of any family enterprise is strongly influenced by the skill and alignment of its leaders. This becomes especially apparent during leadership transitions, which cannot happen without effective collaboration across generations.
As family enterprises become more complex over time, the skills required for successful leadership need to evolve, particularly as non-family members join your leadership teams. Additionally, there are a distinct set of skills needed to lead a family enterprise effectively, which go above and beyond typical management training, and where experience or instinct alone is rarely a useful guide.
Given the critical impact of leadership on the performance and continuity of a family enterprise, developing this capacity throughout the system should be a strategic priority. LGA’s Leadership Development services are designed to help you strengthen the skills of current and future leaders through assessments, skill-building, coaching, and experiential training.
How does it work?
We tailor our Leadership Development support to the unique needs of your family enterprise. These services include:
- Working with family leaders to anticipate and manage the increasing complexity of the business and the family
- Helping senior family members to define their legacy and manage their transition from active leadership throughout the enterprise
- Strengthening the skills of the rising generation so they are prepared to take on leadership roles in the business, in ownership, and in the family
- Assessing the capabilities of current and future leadership via the LGA 360 for Family Leaders
- Facilitating group activities to strengthen leadership capacity between generations and family branches
- Helping non-family executives to lead the family enterprise and support the family governance system effectively
- Advising family members on career development opportunities both within and outside of the family enterprise
- Coaching leaders throughout the enterprise on how to best support continuity
How does it benefit your family?
LGA’s advisors are available to support your key leadership teams by providing:
- Senior leaders with new perspectives and tools to collaborate more effectively across the enterprise
- The rising generation with new skills and strategies to help deliver on the family’s long-term vision for the enterprise
- The family enterprise as a whole with the confidence that both current and future leadership teams have the skills and resources needed to support continuity for many years to come
Case Study: Sustaining Engagement in a Cousins Consortium
Three third-generation Family Directors of a large enterprising family were attending a global conference focused on innovation and growth. Their 90-year old family had deep pride and gratitude for the success and leadership of previous generations. However, there were no family members currently working actively in the business, and the family’s only connection to their vast operations — which spanned eight industries and three continents — was limited to these three members of the Board.
How engaged is your ownership group?
Nicolas Hollanders explains what it means for family business owners to be engaged with the project.
How can I start the conversation about retirement with my parents?
Tools for the next generation to approach the retirement conversation tactfully with patience, strategy and smarts.
Reflections on the importance of values
Senior Advisor Don Carlson Discusses the importance of a family’s values being implemented in their business DNA.
The Art of Ambidextrous Leadership
Successful family enterprise leaders must tend both to the needs of the business and the family
How can coaching and mentoring be leveraged to develop family leaders?
Sharon Duguid and Wendy Ulaszek discuss the benefits, techniques and challenges of coaching family businesses.
Next in Line: How can family businesses raise good owners?
Devin Deciantis and Nicolas Hollanders discuss the importance of engaging the next generation.
Maria Dolores Moreno
Maria is a former Chief Financial Officer and has worked in the field of finance in family-owned businesses over the last twenty years.
Nathan is an accomplished executive with wide-ranging experience across a variety of private and not-for-profit organizations.
Sharon has been consulting and coaching internationally to privately held and family-owned enterprises for over 25 years.
Lisa is a trusted advisor, strategist, facilitator, and executive coach who applies an equity lens to help families take action.
Sarah provides consultation to multi-generation family businesses regarding governance, shareholder development, and leadership development.
Matt’s expertise is in the area of family learning, family entrepreneurship and the development of the next generation