Homepage Insights newsroom

Women in Family Businesses Talk about Their Challenges and Successes.

Announcement posted by Insights 06 Sep 2017

Plus what piece of advice they would give to their 25 year-old self

Insights latest offering is an e-book presenting family business through the eyes of the women who lead and work in them – across diverse ages, cultures, roles and ownership models.

 

It demontstrates the results of research and case studies, which highlight the influential role of women in family business.

 

What makes this book unique is the way in which seven successful women from Australian and global family businesses have let us into their journey, exposing us to the highs, lows and powerful lessons of their own experience. They openly discuss their successes and challenges.

 

Lessons gained from these women include:

  • Cohesion is an important success indicator. Working on family cohesion can be a great advantage for any family business.
  • Communicating is a key to maintaining the culture of the business. Writing things down and discussing them regularly is helpful to everyone.
  • Draw inspiration from previous generations. The support and encouragement of the exiting generation can be a great source of strength for those entering the business.
  • Overcome stereotypes. There are challenges to overcoming the stereotypes of women in business but it is possible and should not hold anyone back.
  • There is a need for self belief, courage and boldness. Family businesses can cut out multiple layers of meetings, make quick decisions and move on to the next opportunities.
  • It is important to trust your business intuition in decision making. As a women, intuition and great organisation are key attributes to our leadership.
  • Having a support network is vital when stepping into a family business leadership role. 

The e-book ends with a simple action plan. Readers can work through a personal and business checklist, answering some hard questions that will help them think through where they are at and where desire to be. Then, like our contributors have already shared, tell us what piece of advice you would give to your 25 year-old self.

 

Download the “Women in Family Business” e-book here and learn from the highly successful women who have shared their insights with us.

 

Please call us if you would like to know more- 0402 247 946- Kim