LGA | Lansberg Gersick Advisors’ Post

Create Succession Plan That Works Small and family-owned businesses that delay creating succession plans are endangering their company’s survival, according to Henry Hutcheson, founder and president of the consulting group Family Business USA in Chapel Hill, N.C. “It’s pretty stark if you look at what happens to family-owned businesses after there’s a change in leadership,” Hutcheson said. Statistics from the U.S. Small Business Administration show that two-thirds of family-owned businesses will not survive a leadership change. Since most small businesses in the United States are...Click here to read on: https://lnkd.in/dXBVnaWh

Create Succession Plan That Works Small and family-owned businesses that delay creating succession plans are endangering their company’s survival, according to Henry Hutcheson, founder and president of the consulting group Family Business USA in Chapel Hill, N.C. “It’s pretty stark if you look at what happens to family-owned businesses after there’s a change in leadership,” Hutcheson said. Statistics from the U.S. Small Business Administration show that two-thirds of family-owned businesses will not survive a leadership change. Since most small businesses in the United States are...Click here to read on: https://lnkd.in/dXBVnaWh

Excellent conference of the Association of Institutional Investors. Truly informative gathering of industry minds, and it is a privilege to be witness to the outstanding thought leadership. It was particularly enjoyable to sit down with Howards Marks for our fireside chat. Having been friends and colleagues with Howard for many years, I can honestly say he never fails to inspire and impress. #endowments #foundations #investmentmanagement #ocio

We often hear that the biggest challenge associations face when trying to increase sponsor revenue is lack of support from the staff (sometimes the CEO!) and the Board. Jeremy Figoten, MA, CAE and I are ready to explain how to build a team approach to increasing corporate sponsor revenue at the Professionals for Association Revenue (PAR) RevUP conference on Thursday. Our 10 tips to building an association team approach will include roles for the Board, CEO/leadership, department heads, others staff, chapters/affiliates, and third-party vendors.

👥 From SMEs to large corporations, family-owned businesses form the backbone of the UK economy, providing jobs and shaping local communities. But what defines a family business, and what challenges do they face? Find out below: https://lnkd.in/ecmb_rCn #FamilyBusiness #Leadership

What does it take to go from independent investment advisor to the leader of a $4.5 billion RIA? We sat down with our friends at Sowell Management to discuss their career journeys, what it means to be a leader, and the driving philosophies that have led Sowell to become an award-winning, fast-growing RIA. Simply put, the advice from Bill Sowell and Daryl Seaton is to "be a bridge builder." But what exactly does that mean? Read on here: https://bit.ly/3WOwx06 #CEO #RIA #financialadvisor #FA #bridgebuilders #growthmindset

Getting a new business off the ground is an exciting time for any entrepreneur. 💡 This could be all you’ve dreamed about for years and now you’re in a position to give it your best shot. 💥 Martyn Jones, a strategic planning and leadership specialist, offers four key considerations to ensure you survive your first year of trading. 👇🏽 https://lnkd.in/eUhFQSuR Boost; Lancashire's Business Growth Hub #BusinessOwner #Leadership #Strategy

👥 From SMEs to large corporations, family-owned businesses form the backbone of the UK economy, providing jobs and shaping local communities. But what defines a family business, and what challenges do they face? Find out below: https://lnkd.in/eknXG4Xb #FamilyBusiness #Leadership

The latest blog from D7 Advisers introduces changes to the UK Corporate Governance Code. How do you keep track of what good governance looks like for your SME business? One way it to sign up for blog updates. Another is to have a quick read of the D7 website and arrange a follow up call. https://d7advisers.co.uk #boardsofdirectors #leadership #governance #decisionmaking

Running your own business can be isolating - but it doesn't have to be. Entrepreneurial Scotland is a safe space for leaders like Paul of Aspen Solutions Ltd to come together with a community of other CEOs and founders, where they discuss real challenges, share candid insights and grow together. Be part of our next cohort launching in April. Learn more now: https://bit.ly/ES-Member #LeadershipJourney #CEOinsights #leaderinsights