Formalize The Love
Join us to learn how Love in a Family
Business Can Be Formalized
You
have likely heard poet Robert Frost’s proverb, “Good fences make good
neighbors” from his 1914 poem, Mending Wall. When it comes to family business,
Tom Hubler believes that “formal structure supports family love.”
Family
members in business generally love and care about each other. They try to do
what’s best for their company and avoid fights. Especially in start-up
companies, each working family member operates more independently with little
official structure or formal communication. This creates communication voids.
Individuals make assumptions without a shared understanding. Small differences
fester unresolved until they became painful and unmanageable.
Tom
states a family business needs three types of meetings to formalize
expectations for the company: Family Meetings, Business Meetings, and
Shareholder and Board Meetings.
Large
or small, complex or simple, start-up or generational, business families enjoy
life, family, relationships and business much more when they take the time to
formalize
the
love.
In
1980, when Tom began his career as a family business consultant, he was one of
the few
professionals addressing family-owned
business needs in the United States. Since then, he has played a major role in
shaping the family business consultant field, from helping colleges establish
family business institutes to working directly as family business consultant
for hundreds of clients.
Today,
Tom continues his long-standing dedication to helping families of wealth and
family-owned businesses succeed. He helps families develop a shared vision for
the family and for the business; identify individual talents; tackle any
unspoken issues; and create individual and organizational strategies to ensure
a personally and financially rewarding business. In addition, Tom assists
families of wealth with the creation of a wealth preparation plan that ensures
family values continue to emphasize a family culture of gratitude, philanthropy
and purposeful living.
Read
Tom’s White Paper: Formalize the Love
Join The Network of Family
Businesses for a virtual educational Webinar on Wednesday,
August 20, 2014 at 11:00 AM Eastern Time, with Tom Hubler.