Taking Over a Family Business – Navigating the Transition

Taking over a family business - photo by Álvaro Serrano on Unsplash
Sometimes it’s the unwelcome phone call. It might be the dreaded, creeping inevitable. Sometimes it’s the “at long last, thank goodness” moment. It doesn’t matter how it arrives, taking over a family business can be a daunting experience. How ever you come by the business, you’ll inherit a legacy of “how we do things around here”. For you to chart a course forward, there are crucial steps to ensure a seamless transition.

You’ll want to foster innovation and growth, but you might also have to confront anger, grief, and guilt. And that might not all be from you. You’re new to the team and you could be met with suspicion, contempt, and bemused hostility. It’s never going to be easy, even in the most congenial and welcoming environments. Continue reading “Taking Over a Family Business – Navigating the Transition”

Report on the Future

Neon sign saying - This is the sign you've been looking for.
Back in the 1991, Faith Popcorn published ‘The Popcorn Report‘ in which she predicted how the first world would live through the 90s and beyond. I was thrilled because the book resonated with me. I could see many of the predictions were already germinating back in the 1980s. New Zealand had become a more leisured society because of unprecedented numbers of unemployed people – the government manipulated the numbers to deal with inflation. Side note: here we are in 2023 and perversely, the government is using the same techniques attempt to deal with inflation.

That’s the topic for discussion today – how things go around and my predictions for the future. What will society look like 50 years on. Hey, if it’s good enough for Faith Popcorn to think about the future, it’s good enough for me. Continue reading “Report on the Future”