Anzelle Boshoff Incorporated’s Post

Did you know? Family businesses generate $7.28 trillion in revenue and employ over 24 million people. They often excel due to their unique blend of trust and personal touch. However, managing change can be challenging, especially during leadership transitions. Adapting to new market conditions and evolving business practices while maintaining core values requires strategic foresight and flexibility. I recently found this captivating read offering key insights on how to lead a successful change in family businesses: #FamilyBusiness #Leadership #ChangeManagement

Family businesses have always had a secret weapon which centres around the way in which the family leaders set their plans and engage and manage their teams - scaling such businesses however, while maintaining the core values and ensuring sustainable growth, has for many been a challenge. Taking the time to understand how some families have grown global family businesses often reveals some fascinating stories but I still feel it is easier said than done - my experience suggests that those able to achieve success on a global scale always have some sort of intangible - something unique that enables them to achieve when many others struggle. The attached article shares a few comments on The Koch brothers who operate one of the largest privately owned companies in the world – Koch Industries. From chemical engineering to non-profits and political support, the Koch family have built a significant empire that provide some important leadership lessons for other business owners. The 5 secrets of their success are hard to contest - they all make sense - but I think there might be others that are a little harder to define - as they say just because you have a copy of the hymn book doesn't always mean you can then sing! #familybusiness #familyenterprise #MBM

as a leader, i don’t have all the answers. but that’s never stopped me from trying to pursue what i feel are undeniable truths: people delivering value should feel valued, and those who operate with an owner’s mindset deserve recognition within ownership. taking on an equity restructuring alongside the SignatureFD board as a new CEO was no easy feat. and you can be sure we made mistakes along the way. but we stuck to our core beliefs. … high performers are looking for purpose, often think like owners, and need to feel like they have a voice in the future of the business. … value creation comes in many forms – including non-revenue-generating roles. … team members should know that when they go the extra mile to add value, their efforts help build wealth for their families. i recently wrote about how we approached expanding equity in Kiplinger. sometimes the most valuable learnings come without a roadmap, but i hope that other leaders can take away insights from our experience and can bravely reimagine the impact of sharing ownership. https://lnkd.in/euw_eYuR #womenCEO #femaleleadership #womeninbusiness #equity #executive #leadership 

I had a small piece on the founder dependency published by the Institute of Consulting. It focuses on the dangers of relying on founders for business development and how this might change. https://buff.ly/49lJwdz #managementconsulting #boutiques #leadership

Struggling to strategically exit your Creve Coeur business? As a FocalPoint coach, I solve complex exit planning problems every day. Check out this article where I outline common issues with valuations, leadership transfers, emotional hurdles and tailored solutions. #exitplanning #leadershiptransition #businesscoach https://lnkd.in/gEnBAEzM

Building a business that continues to thrive in your absence is the dream of every Founder. In this article for Forbes, author B.D. Dalton provides a blueprint for setting up a business ready for succession, and it's full of practical advice you can start implementing today. Here are some of the key takeaways: > Cultivate a robust leadership pipeline. By identifying potential leaders early and giving them the right challenges, you're preparing the next generation of leaders and creating a company that doesn't need you at the helm every day. > A transparent financial structure, regular audits, and sustainable business models help stakeholders trust your company's direction. More than that, they demonstrate your company's ability to withstand market fluctuations and maintain profitability. > By controlling your supply chain and other major aspects of your business, you create a company that operates efficiently, regardless of the leadership. This is achieved through standardized processes, technology adoption, and a culture of autonomous decision-making. Read more in the full article below: https://lnkd.in/eurWJQ2q #SuccessionPlanning #LeadershipDevelopment #BusinessGrowth

We are pleased to share a recent Forbes Business Council article where industry leaders, including Clearway Health President Nicole Faucher, MS, discuss how to prioritize growth or profit for business success. In the article, 16 experts weigh in on the strategic decisions that businesses face. Nicole highlights the importance of determining your growth trajectory, noting that companies with a strong growth trajectory can drive scaling, create value and gain market advantages. Read the full article here: https://lnkd.in/gdXjrfsi #BusinessGrowth #Leadership #BusinessStrategy #ClearwayHealth #Forbes

Building a business that continues to thrive in your absence is the dream of every Founder. In this article for Forbes, author B.D. Dalton provides a blueprint for setting up a business ready for succession, and it's full of practical advice you can start implementing today. Here are some of the key takeaways: > Cultivate a robust leadership pipeline. By identifying potential leaders early and giving them the right challenges, you're preparing the next generation of leaders and creating a company that doesn't need you at the helm every day. > A transparent financial structure, regular audits, and sustainable business models help stakeholders trust your company's direction. More than that, they demonstrate your company's ability to withstand market fluctuations and maintain profitability. > By controlling your supply chain and other major aspects of your business, you create a company that operates efficiently, regardless of the leadership. This is achieved through standardized processes, technology adoption, and a culture of autonomous decision-making. Read more in the full article below: https://lnkd.in/eurWJQ2q #SuccessionPlanning #LeadershipDevelopment #BusinessGrowth

Building a business that continues to thrive in your absence is the dream of every Founder. In this article for Forbes, author B.D. Dalton provides a blueprint for setting up a business ready for succession, and it's full of practical advice you can start implementing today. Here are some of the key takeaways: > Cultivate a robust leadership pipeline. By identifying potential leaders early and giving them the right challenges, you're preparing the next generation of leaders and creating a company that doesn't need you at the helm every day. > A transparent financial structure, regular audits, and sustainable business models help stakeholders trust your company's direction. More than that, they demonstrate your company's ability to withstand market fluctuations and maintain profitability. > By controlling your supply chain and other major aspects of your business, you create a company that operates efficiently, regardless of the leadership. This is achieved through standardized processes, technology adoption, and a culture of autonomous decision-making. Read more in the full article below: https://lnkd.in/eD2j2N_p #SuccessionPlanning #LeadershipDevelopment #BusinessGrowth

Building a business that continues to thrive in your absence is the dream of every Founder. In this article for Forbes, author B.D. Dalton provides a blueprint for setting up a business ready for succession, and it's full of practical advice you can start implementing today. Here are some of the key takeaways: > Cultivate a robust leadership pipeline. By identifying potential leaders early and giving them the right challenges, you're preparing the next generation of leaders and creating a company that doesn't need you at the helm every day. > A transparent financial structure, regular audits, and sustainable business models help stakeholders trust your company's direction. More than that, they demonstrate your company's ability to withstand market fluctuations and maintain profitability. > By controlling your supply chain and other major aspects of your business, you create a company that operates efficiently, regardless of the leadership. This is achieved through standardized processes, technology adoption, and a culture of autonomous decision-making. Read more in the full article below: https://lnkd.in/eD2j2N_p #SuccessionPlanning #LeadershipDevelopment #BusinessGrowth