Conway Center for Family Business Archives - Conway Center for Family Business

Conway Center for Family Business

Sustainable Family Leadership: Wellness and Boundaries – Leadership Development

As a leader, you’re often the first one in and the last one out. The weight of your organization’s success feels like constant pressure and that is a heavy burden to carry. But let’s be honest, burnout is a real threat. It’s not just about being tired; it’s about feeling emotionally drained, physically exhausted, and […]

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ESOPs: A Savvy Succession Planning Alternative For Family Businesses

ESOPs: A Savvy Succession Planning Alternative For Family Businesses

Given the unique advantages of Employee Stock Ownership Plans (ESOPs), it’s not surprising they are increasing in popularity. However, one surprising trend we have observed is an increasing number of owners of family-owned businesses considering an ESOP as an ownership transition tool. The difficulty of transitioning a family business to the next generation is well-documented

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Advanced Strategies for Overcoming Family Business Challenges - Leadership Development

Advanced Strategies for Overcoming Family Business Challenges – Leadership Development

Look at any standard corporate organizational chart, and you will see a clean, geometric hierarchy of boxes, lines, and titles. It looks orderly. It looks predictable. But anyone who has actually sat in a leadership seat knows that the real day-to-day experience feels less like a clean blueprint and more like driving a vehicle down

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Communication Mastery: The Importance of How You Speak - Leadership Development

Communication Mastery: The Importance of How You Speak – Leadership Development

The statistics are a wake-up call for any family legacy. According to the Family Firm Institute, only 30% of family businesses successfully transition to the second generation, and a mere 12% survive to the third. While many assume these failures are due to poor financial planning or market shifts, the reality is far more personal.

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Creating Success in 2026 - Leadership Development

Creating Success in 2026 – Leadership Development

The year 2026 isn’t just another date on the calendar for family businesses; it’s a rapidly approaching crossroads. While the world outside our walls accelerates with AI, new market demands, and a shifting workforce, many family enterprises find themselves caught in a familiar trap: the relentless cycle of firefighting. You know the drill: urgent emails,

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Stop, Look, and Lead: The Year End Practice That Can Transform Your Family Business Success - Leadership Development

Stop, Look, and Lead: The Year End Practice That Can Transform Your Family Business Success – Leadership Development

Let’s cut right to the chase: When was the last time you truly stopped? Not just stopped working, but stopped thinking about the market, the payroll, or the next family board meeting? In the world of a family business, “busy” is a badge of honor. You’re constantly moving, making decisions, balancing legacy against profit. Taking

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Family Business Succession Planning: Navigating the Next Generation's Role

Family Business Succession Planning: Navigating the Next Generation’s Role

When I was fairly young (at which time my kids assume dinosaurs roamed the Earth), I would play chess with my grandfather when I visited his house. To be honest, I really didn’t remember these games as he passed away when I was in high school. Years later, my grandmother gave me a chess set

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Cybersecurity Threats Every Mid-Sized Business Should Be Watching

Cybersecurity Threats Every Mid-Sized Business Should Be Watching

As cyberattacks increasingly target mid-sized businesses, “it won’t happen to us” is no longer a safe assumption. These companies are prime targets, handling sensitive data without enterprise-grade defenses. Staying informed and proactive is critical to avoiding financial loss, data breaches, and reputational damage. Why “It Won’t Happen to Us” Is No Longer an Option Cybercriminals

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Conscious Leadership & Family Business - Leadership Development

Conscious Leadership & Family Business – Leadership Development

Leading a family business is a distinct challenge, demanding a unique blend of strategic acumen and an acute understanding of interpersonal dynamics. Truly effective leadership in this environment hinges on a deep personal foundation and a lot of intention and focus on how you lead. In comes conscious leadership – an approach centered on cultivating

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Legacy meets agility: How family-owned businesses drive innovation

Legacy Meets Agility: How Family-Owned Businesses Drive Innovation

Family-owned businesses may be seen as steeped in tradition — committed to their heritage, customers, employees and communities. Underlying this reputation lies a surprising twist: many family enterprises also are leading innovators in their industries. Their unique mix of long-term thinking, deep-rooted values, and cross-generational leadership creates fertile ground for reinvention. When done well, innovation

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