Building Trust By Balancing Experience and Innovation in Family Business Leadership with Dennis Jaffe, Ph.D.

The Secret Thoughts of CEO's Podcast

Dr. Jaffe, a San Francisco-based advisor to families about family business, governance, wealth, and philanthropy, is Senior Research Fellow at BanyanGlobal Family Business Advisors. He is author of Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises; Finding Her Voice and Leaving a Legacy; Cross Cultures: How Global Families Negotiate Change Across Generations; Stewardship in your Family Enterprise: Developing Responsible Family Leadership Across Generations and Working with the Ones You Love. His global insights have led to teaching or consulting engagements in Asia, Europe, the Middle East, and Latin America.

What You’ll Learn:

• How clarity on your personal values and your business values builds trust with the people around you, both in and outside of your organization
• The benefit of having values defined over just policies and procedures
• How to create dialogue on how your values are applied in your organization
• The necessity of evolution in values in a family business
• How to integrate the voices and ideas of younger generations with the formal power of the older generation of leaders
• A story of how disconnect between generations in leadership style can be managed in a healthy way
• How to identify when it’s time to pass the torch
• Why Dennis believes that leading the family business should be a mid-life position
• The opportunity for a “bonus-career” after passing the torch
• Separating past conflict from making future decisions
• Creating a code of conduct for your family
• How to recognize when it’s time to diversify the family business
• A look at whether or not spirituality belongs in business

Resources:

Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises