General Session: Top 9 Reasons Family Businesses Fail & the 8 Building Blocks for Creating a SUSTAINABLE Closely Held Business
Internationally acclaimed writer and business authority Wayne Rivers of The Family Business Institute, Inc. presents The Top Nine Reasons Family Businesses Fail – and the Eight Building Blocks For Creating A SUSTAINABLE Closely Held Company. This session will discuss the top nine reasons for closely held business failure; among them are lack of a common vision, poor self and time management, poor next generation leadership development and training, and an unwillingness or inability to address problem issues due to fear of conflict.
Wayne will introduce the eight building blocks for creating a sustainable closely held company including tips on developing a common vision, how to get a handle on your time, more effectively managing your people, and the “magic bullet” solution which simultaneously increases business sustainability and improves business harmony.
You’ll leave the session with several tools which you can use to objectively evaluate and improve your business.