Leadership Development

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Leadership Development

Although tens of thousands of books are written on the subject, most family businesses struggle to develop strong leaders. John Maxwell said it best, “Leadership is influence – nothing more, nothing less.”

Developing talented leaders you can trust is vital to the health and growth of your business. The Family Business Institute can help you discover the right talent, create the right plan, and develop the best leaders to take your business well into a prosperous future.

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DISCOVER

Assess the unique needs of your business and family to develop the perfectly tailored approach.

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DESIGN

Design a custom plan to maximize the strengths and minimize the weaknesses of your family business to allow you to achieve long-term success.

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IMPLEMENT

We'll walk with you every step of the way to implement your plan so your family can enjoy and extend your family legacy and prosperity.

LEADERSHIP DEVELOPMENT PLAN

Leadership development and integration plans incorporate the skills, mentoring, and knowledge it takes to achieve specific business goals and objectives.

CREATING A LEADERSHIP CULTURE

Organizations emulate their leaders. If the leader can’t or won’t exercise discipline and manage himself, the company’s people and results will reflect that. The organization needs to know who it is collectively, what it stands for, and where it’s headed. The company gets that information from its leader(s). Self management is at the core of creating a leadership culture.

DEVELOPING AND INTEGRATING HIGH POTENTIAL NEXT GENERATION LEADERS

There are several interesting and useful tools to develop “Next Gen” leaders. 360° evaluations, processes for discovering unique talents, psychometric evaluation tools, and other processes can help identify, train, and develop high potential next generation – family or non-family – leaders. It is also useful to dispel many of the misconceptions about developing leaders in family owned businesses. Leadership development plans can be as varied as the families and companies which utilize them. Formal training and special projects are both part of leader development. Other best practices include communications training, self awareness work, the use of “bridge management”, training in making collaborative (versus unilateral) decisions, and others.

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10 Things I Learned Over My Business Career

by Dennis Engelbrecht | Jan 30, 2024

This week’s vlog is very special indeed as Dennis offers his FINAL video message. Yes, after a long and illustrious career including 21 years helping The Family Business Institute grow and prosper, Dennis is hanging it up for good. Reflecting on a most productive and...

Goal Achievement and Unanticipated Consequences

by Dennis Engelbrecht | Jan 24, 2024

We’ve been saying for years that goal setting for your business is critical to your long term success. Because he is an authentic example, Dennis set a very specific goal in 2023: to become the #1 tennis player in the USA in his age group. That’s a BHAG: a big, hairy,...

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by Wayne Rivers | Jan 23, 2024

According to a recent LinkedIn poll, there is one employer tactic that could inspire increased loyalty among 94% of your employees! WOW! What is this behavior, and how can you maximize the benefit for your people and your company? Please tune in this week as Wayne...