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Family Business Succession Planning & Executive Search Blog
Working for a Family Is a Distinct Mission. That’s Why We Built the Stranberg Talent Network.
Family businesses account for more than 75% of the American GDP. They're not a niche. They're not small. They're the foundation of our economy — and they've largely been underserved when it comes to finding the right executive talent. The Stranberg Talent Network was built to change that.
Apr 7
Search
Many Family Businesses Use Beliefs as a Proxy for Trust, and It Costs Them in the Talent Market
When a family business owner says they want to hire someone who “shares our values,” they usually mean something more specific and more consequential than they realize. What they often mean is: someone who shares our beliefs. Our faith, perhaps, or our political worldview. It’s a sense that this person is “like us.”
Most Family Businesses Know They Need a CEO Succession Plan. A New Deloitte Survey Says Most Don’t Have One.
A new Deloitte survey puts numbers on a succession readiness problem we see every day. Here's what the data means, and what family business leaders should do about it.
Three Critical Mistakes When Hiring Operational Executives for Family Businesses
Family businesses operate in every sector - be it bakeries, restaurants, car dealerships, real estate, grain elevators, dental practices, law firms, farms, tech, or manufacturing, families own businesses everywhere. While each industry has distinct operational requirements, success isn't only tied to industry. It's also tied to your business's culture and to how well new executives understand what makes your family enterprise different.
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