Family Business Best Practice Articles – The Solutionist Group

Navigating Family Dynamics in Business: Brothers, Allies, or Monsters?

Jon Kenfield — Tue, 17 Oct 2023 00:37:53 +0000

Business Families Every family business has a business family sitting behind it, BUT: family business makes no sense – because what makes for a great business generally conflicts with what makes families happy. This fundamental dichotomy can produce all-conquering family teams, conflict-infused relationships, and everything in-between. Business Family relationship dynamics can get very muddy, because […]

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My Family Business: Is Dad a Monster?

Jon Kenfield — Tue, 10 Oct 2023 20:37:20 +0000

Every family business has a business family sitting behind it, BUT: family business makes no sense – because what makes for a great business generally conflicts with what makes families happy. This fundamental dichotomy can produce an all-conquering family team, conflict-infused relationships, or something in-between. Families get very confused – families are supposed to be […]

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My Family Business: is Mum a Mum, Matriarch, or Monster?

Jon Kenfield — Mon, 25 Sep 2023 01:04:34 +0000

Every family business has a business family sitting behind it, and because family business makes no sense each and every one of them is a vibrant and complicated mix of colliding commercial, financial, relational, and emotional systems. Sometimes this results in an all-conquering family team, sometimes in a conflict-infused misery and, at all times: an […]

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Significant Advice for Significant Clients

Jon Kenfield — Wed, 19 Apr 2023 04:43:32 +0000

“There are certain things that are fundamental to human fulfillment. The essence of these needs is captured in the phrase;to live, to love, to learn, to leave a legacy.The need to live is our physical need for such things as food, clothing, shelter, economical well-being, health. The need to love is our social need to […]

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Why Business Families, and Family Businesses, need Boards

Jon Kenfield — Mon, 03 Apr 2023 22:51:26 +0000

Background Family Businesses are the engine room of the Australian economy. They employ over 50% of the Australian workforce and generate over 50% of GDP. Family Business is not small business, although many Family Businesses are small. They also comprise approximately 100 of the 500 largest companies in Australia. Many are large corporations. However, and […]

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Family Business Conflict Video No 12: Emotional Resilience 1 – Broken Wing Syndrome. By Jon Kenfield

Jon Kenfield — Wed, 14 Aug 2019 01:37:34 +0000

Common Causes of Family Conflict & How to Deal with Them. Video 12. Emotional Resilience and “broken wing” syndrome – Parents & Family. Emotional Resilience = coping with stress and minimising anxiety. Epidemic. Broken Wing Syndrome = parent(s) protecting weaker children. Contributed to by genetics, home, school & social evironments, birth order, parenting skills, domineering […]

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Strategy Plan – Aligning the Team Around Big Picture Visions for the Future

Jon Kenfield — Tue, 16 Jul 2019 07:51:03 +0000

Strategy refers to big picture objectives and desired directions of travel for a family, business or organisation. “Strategy is for generals, organising an army for battle”. Contrast this with “Tactics” which are for captains, “leading troops into battle”. Strategy is cerebral (thinking), tactics are operational (doing). Strategy Plans provide the framework for the whole planning […]

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Family Structures – Professionalising Business Families

Jon Kenfield — Thu, 11 Jul 2019 07:40:43 +0000

Best Practice recommends creating family structures that are appropriate to the style, needs and resources of each individual family. The bodies that make up the family structure provide leadership and strategic decision-making on issues that affect the family, as a family. We use separate structures in the family and in the business to raise a […]

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Family Systems – A Systems Approach to Understanding How Families Work

Jon Kenfield — Tue, 09 Jul 2019 07:34:19 +0000

A “system” describes any collection of component parts that inter-connect and inter-act. The traditional 3 Circle Model of Family Business describes family business systems, and locates each participant’s place in it, in a formal, legal sense. This neat way of classifying things, which works well for lawyers and accountants, is subject to the following observations: […]

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Family Plan – The Plan for the Family

Jon Kenfield — Sun, 07 Jul 2019 07:30:19 +0000

“When you fail to plan you are planning to fail” Benjamin Franklin. Plan: a set of decisions about things to be done in the future to achieve an identified goal. Family Plan: what the family wants to achieve for its members, and for the family as a whole, over at least the next 25 years. […]

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