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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
Do You Need a Search Firm If You Have Internal Candidates In Your Family Business? The Answer is Yes. Here's Why.
When you work with a search firm, despite having internal candidates, you're not paying for candidates. You're investing in process.
The importance lies in ensuring that people already in your system meet the same standards and are evaluated as rigorously as any external candidate would be. There's also a deeper layer to consider, particularly for family companies with internal candidates: addressing questions about bias.
Case Study: Third-Generation Family Business Seamlessly Transitions Leadership to First Non-Family CEO
In 2021, a family business advisor asked members of the Leef family to name the date when they would be “doing something different from...
How Family Businesses Can Structure Executive Compensation to Protect Both Profitability and Socio-Emotional Wealth
Family businesses face a compensation challenge that corporate enterprises don’t encounter: how to structure executive pay that rewards both financial performance and preservation of family values.
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