Family Business Wiki LogoNew Ideas from
Family Business Wiki
Sharing Family Business Knowledge Around the World  
 
September 2009 
Quick Links
 
 
 
 
FB Wiki Audio
Grant Gordon
Listen to a panel discussion on
 Hosted by Grant Gordon and the Institute for Family Business (UK)
 
Regional Focus:  MONTREAL
Cheryl Stein
Cheryl Stein gives us the inside scoop as to
"Why Montreal May Be the World's Greatest City for Family Business".
  (In English and French)
 
Featured Article from the Wiki Encyclopedia 
Family Business Wiki Logo
Deferred compensation  When is it used?  Why is it used?  How is it used?  What problems can get in the way? 
(As with Wikipedia, you are invited to edit the article to make it better).
 
What I'm Reading 
A client recommended a book to Mark Voeller -- which Mark found surprisingly  valuable. 
Next Month's Newsletter
Dennis Jaffe
Pramodita Sharma
Greg McCann
 Innovation in Family Business
Family Business in Latin America
and more.
Greetings!

Welcome to the premiere issue of New Ideas from Family Business Wiki. We hope that you enjoy this complimentary newsletter -- and that you check out our Wikipedia-like family business encyclopedia and our Family Business Wiki Town Square.  
 
Who writes all this stuff?  People who love family business -- people just like you!  We invite you to join in the fun:  write an encyclopedia article on a favorite topic; blog away on the Town Square; ask questions and get answers -- whatever strikes your fancy!  We hope that you will join us in "Sharing family business knowledge around the world."
 
Thought Leader Blog:  Andrew Keyt  
 Andrew KeytBuilding Leaders -- Building Businesses
 
When advisors talk about planning for succession, they are often talking about the immediate challenge of selecting an individual who can run the business once the CEO retires. The process of succession planning is actually more extensive and multi-faceted and includes issues such as good corporate and family governance, and strategic planning. That being said, one of the most important things that families who seek to maintain ownership across generations can do (read more and add comments)
 
Watch for our next Thought Leader Blog from  Dennis Jaffe. 
Family:  Denise Paré-Julien 
Women's Role in Succession
 
Denise Pare-JulienWomen have always multi tasked so they will do so even if they hold higher positions in the business. Their role in the succession process can be helpful but often it can be detrimental. Some women feel threatened by the change of leadership in the business (read more and add comments) 
Governance:  Guillermo Salazar 
The Magic of Family Meetings
  
Guillermo SalazarFrom my experience, I can see that it all depends on the level of commitment of the members of a family for a shared future. And, of course, a good dose of respect for each other (the key that opens all problems with communication).  I'm still impressed by the magic of many families in their first meeting (read more and add comments)
 
Using the Wiki to Build Your Business
 
  • Family Business Wiki LogoBuild visibility for your business
  • Get your questions answered
  • Connect with potential business partners
  • Learn more about how the Wiki can help
    • Family businesses
    • Family business advisors and consultants
    • Family business educators and researchers
Join our global community of forward-thinking family business leaders and advisors.  The first step to joining in the discussion is to create a profile on Family Business Wiki's Town Square.  It's quick and easy -- and then you can start to tap into the network and knowledge of other members -- and contribute your own ideas.  You might even want to join or create a group to connect with those who share your interests -- who knows?
 
It is said that "The business card is dead.  The blog is the new résumé."  Share your ideas -- and let people get to know the real you.
 
P.S.  We'd like to hear what you think of the newsletter and the Wiki.  Let us know the good, the not so good, and everything in between.  Click here to help us do our job better!