“None of us is as smart as all of us.” Ken Blanchard “Talent wins games, but teamwork and intelligence wins championships.” Michael Jordan “Coming together is beginning. Keeping together is a process. Working together is success.” Henry Ford Although the…
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It was great for family businesses that the Government remained committed to their Business company tax cuts but was this enough? Unfortunately, the tax cuts only impact small businesses with a turnover of less than $10m who operate through an…
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Recently I spent a week with my son and his team at the national karate championships. it has always intrigued me how much we can learn from sport, as leaders. Sport really seems to have nailed working as a team….
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Recently I presented our Diversity of thought results at the Family Firm Institute conference in London. The feedback I have received from advisors is this is a topic that needs to be discussed. Gender diversity in leadership teams in Family…
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Times are changing, technology is moving fast, industries are being disrupted. In Australia we are looking for a real boost in Entrepreneurship and innovation. We are also starting to see a new generation who are not interested in being involved…
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When tonight’s budget is delivered we will welcome all changes that will assist in stimulating growth in the family business sector. The main changes we would like to see are:: Small Business Tax Concessions From 1 July 2016 the business…
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Recently I was given the opportunity to attend a family retreat. Our aim as advisors was to prepare a family charter. When I entered this opportunity, I saw so many potential problems, disengaged family members, a family member saying if…
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Entrepreneurial spirit is one of the key drivers in a family business. Much of this spirit is comprised of self-motivation or inner drive and the need to follow a passion. Entrepreneurs are by nature innovative, creative, and risk takers. But,…
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With less than 30% surviving to the third generation, family businesses face unique challenges if they are to thrive into the future. Despite successful beginnings, family businesses do at times struggle. This is sometimes a result of second and…
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Too much too soon: In a small suburban garage a mother and a father began building their business. Mum tested new recipes while Dad made the product and drove around distributing it. Even when the business moved to a…
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