Key Strategies for Hiring Success in Family Business Leadership with Bill Stranberg of Stranberg Resource Group

The Secret Thoughts of CEO's Podcast

Bill Stranberg is a Partner with Stranberg Resource Group and is experienced in multi-industry, multi-discipline executive search and recruitment. His industry experience includes projects with consumer and industrial manufacturing clients, ranging in size from small cap to multi-national, and including many private and family-owned companies. Bill’s functional focus with SRG has been in sales and marketing, general management, and operations.

Bill joined SRG in 2013, prior to which he spent seven years on the ground in mainland China, working closely with businesses ranging from small local start-ups to large multinational corporations. Bill’s years in China have given him invaluable insight into the cultural and operational challenges and opportunities in the global market, as well as written and spoken fluency in Mandarin.

With his multi-cultural scope, Bill is skilled at recruiting across cultural, linguistic, and national boundaries. He excels at relationship development, search strategy, and bringing creative solutions to deliver results to clients. Bill holds a Bachelor’s degree from the University of Wisconsin-Whitewater.

He is an avid outdoorsman and enjoys playing tennis and woodworking in his spare time.

What You’ll Learn

● How a family business search is different from other business searches.

● The risk working with non-family executives.

● How to avoid high-risk scenarios.

● What to consider when hiring an advisor.

Timestamps

· [04:34] Getting into family business.

· [12:43] What makes a family business search different?

· [20:08] The risks of non-family executives.

· [26:15] The family business filter.

· [35:20] Advising families on difficult hiring decisions.

· [38:29] Advice to families who have never had outside non-family executives.

· [48:54] When to hire an advisor.

Memorable Quotes

· “Family businesses can be very different from one another.” – Bill Stranberg [21:16]

· “Our role as advisors to families is to guide them towards what their best interests are.” – Bill Stranberg [33:32]

Social Media

LinkedIn: Bill Stranberg.

Email: [e-mail].

Websites

www.stranberg.com.