Merciport Group’s Post

Discover how Hans transformed a small business with his people-first philosophy, helping employees purchase homes and live better lives. A true testament to leadership and generosity! #Selkirkat40 #Buildingyoursuccessstory #Buildingoursuccessstory

Ensuring a smooth transition in family business succession involves more than just passing on responsibilities; it requires careful planning for future generations. I recently worked with a client committed to integrating all eight of his children into the business. We conducted the Assess Next Gen Consultative 360 Assessment to steer the way forward. This valuable feedback provided the necessary insights for both present and future family leaders. #familybusiness #nextgen #familyenterprise #successionplanning

Are you thinking about what happens when it’s time for leadership to pass the baton? Lack of succession planning can be a real challenge, especially for smaller or family-owned businesses, where options are limited. As Alexander S. Gillis wisely points out: "A lack of succession planning can especially sink smaller and family businesses, which don’t have the sheer candidate numbers to choose from." Whether you're preparing for the future or just starting to think about it, ensuring a smooth transition is key to long-term success. #Morecraftlaw #SuccessionPlanning #BusinessGrowth #SmallBusiness #FamilyBusiness #LeadershipTransition

A piece of 1:1 Leadership Development today reminded me of the Tuckman Model and how it can help us to navigate some challenging and uncertain experiences within and between teams-especially I believe, MDT's (Multi Disciplinary Teams) The expression "State" is a catch all for "What's going on?"-never a bad question. Missing from here is the 5th Stage "Adjournment/Mourning"-that's for later! #Tuckman #Softskillsinhardplaces #EmotionalIntelligence

What was the best decision Pocketlaw made while pivoting to focus more on enterprise? Earlier this year Kira Unger Söderlind, PocketLaw’s CEO, spoke with Hannah Prevett at The Times about pivoting from primarily targeting small and medium enterprises to focusing on larger corporations, she highlighted the importance of hiring a new VP of Revenue, a seasoned enterprise sales leader. The article also explores adapting to new circumstances, the importance of resilience, and leveraging technology for growth. Unger mentions that shifts in direction can lead to unexpected opportunities and improvements, emphasising the role of leadership in navigating these changes and maintaining a clear vision. Full interview linked in the comments below. #Recruitment #Enterprise #Tech #Leadership

Family and Business: Insights from Paul-Bernard Poupon, Managing Director of 1707 Capital. Balancing family ties and business responsibilities is a unique journey—one that requires dedication. As both the Managing Director and a member of the family, I am privileged to witness firsthand the unique dynamics that come with blending family ties and business responsibilities. At 1707, family is at the heart of everything we do. Our shared history, values, and aspirations serve as the foundation upon which we build our legacy of success. As Managing Director, I am honored to uphold these traditions while steering our family office towards continued growth and prosperity. Working alongside my family members, each contributing their strengths, is both a privilege and a responsibility. However, with this privilege comes the challenge of managing expectations and fostering open communication. We navigate disagreements with mutual respect, emerging stronger as a result. Looking ahead, I'm excited about the opportunities for growth and innovation at 1707. Our commitment to integrity and collaboration will guide us through the evolving landscape of wealth management. #FamilyBusiness #Leadership #WealthManagement

Let me share this inspiring & insightful paper: “Making Family Businesses Great in Perpetuity,” by Claudio Fernández-Aráoz, Carrie Green, Sonny Iqbal, and Gregory Leo Nagel. #Familybusinesses are infamous for nepotism and infighting, especially when it’s time to #appoint a new #CEO. But when global talent adviser Claudio Fernández-Aráoz and colleagues set out to help #familyfirms improve their #leadershiptransitions, they were surprised to find that #largefamilybusinesses had much better #successionpractices than their nonfamily counterparts, and they outperformed on several measures after new appointees took the reins. ➡️Four practices could help other types of businesses ensure successful #CEOtransitions: #approachsuccession proactively rather than in reaction to short-term performance issues, bring on a few #longtermdirectors and #empower them to #lead the #process, don’t #obsess about #formalprocedures but #doubledown on rigor, and #empower #newleaders from #dayone. #CEO #Familybusinesses #Leadershiptransitions #Successionpractices #CEOtransitions #Empowernewleaders #Successionplanning 👉https://lnkd.in/e6NJ5H23

New in our blog! 📖 Our latest article delves into the critical topic of succession planning for family-owned businesses, highlighting strategies to minimize shareholder disputes. 🌟 Family-owned businesses face unique challenges due to the overlap of personal relationships and professional responsibilities. 🤝 Read here: https://lnkd.in/e7S9zqQn Discover how effective succession planning can prevent conflicts by setting out transparent processes for leadership transition and ownership transfer. 🛡️ Learn about the key components of a successful succession plan, including establishing clear criteria for leadership roles, involving external advisors, and creating fair processes for ownership transfer. 📋 Don’t miss out on these valuable insights to secure your family business's future and maintain harmony. Stay informed and ready to navigate succession with confidence. 🌐 #SuccessionPlanning #FamilyBusiness #BusinessContinuity #ShareholderDisputes #LeadershipTransition #BusinessStrategy

"Establish 'Simple Rules' as the cornerstone of your business ethos. These guiding principles should illuminate every decision and shape every partnership, ensuring alignment with your core values and vision." #BusinessEthos #GuidingPrinciples #CoreValuesInAction #StrategicAlignment #VisionaryLeadership

What has Alan J. Kaplan learned in his 30 years in business with Kaplan Partners? Read more for his thoughts on talent, board performance, succession planning and more: https://lnkd.in/ezBKJPkp