The articles cover a range of topics pertinent to family agribusinesses including; Succession Planning, Strategic Planning, Estate Planning, Conflict Resolution, Family Meetings, Stewardship, Communication Issues, Risk Mitigation, Improving Family Relationships,
Transitions and Attributes of Successful Family Agribusinesses.
THE RESULTS OF A SMALL, BUT REVEALING STUDY
by TREVOR DICKINSON
I have also come to understand that no matter how powerful the business issues may be, the most significant dilemmas, in terms of reaching for long-lasting success, are seated with the family. The most critical issues facing business-owning families are family-based issues more than they are business-based issues.
“As a key figure of our fourth-generation family business, I understand - perhaps better than most - the challenges faced by business families during periods of transition or conflict. While our family business has stood the test of time, it’s not been without its challenges. I have developed a passion for helping family businesses so that they can resolve the critical issues of keeping the family and the business successful to leave a legacy for future generations.
Through my first-hand experience - both as a member of a family business as well as consulting to family businesses - together with my advanced training and education as a family business advisor, I’ve gained significant insights with respect to the core qualities and lessons learned by long-lasting families in business.”
– TREVOR DICKINSON, CEO & FOUNDER OF FAMILY LEGACIES
Long-lasting, successful family businesses understand two fundamental certainties:
They recognize that nearly all family businesses share the same problems and issues.
They realize that while most of the issues they face are common to all family businesses, they also understand that different people within the same family business system – that is, a family and its business will see the same issues in predictably different ways.
When a family knows that it is not alone in its concerns and is therefore not so odd after all, it gains the confidence it needs to go out into the world to secure the knowledge necessary to perpetuate its business for the long-term benefit of generations to come.