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As a family business leader, you already know that running a family-owned company comes with its own set of challenges. When it comes to bringing in outside leadership, the stakes are even higher. You need more than just someone with the right industry experience. You need a leader who understands your family's legacy, values, and vision—and can seamlessly integrate with your team. That's why choosing the right executive search partner is essential. #familyowned #familybusiness #talentsearch #executivesearch #succession #successionplanning
Family-Owned Businesses Require Unique Leadership—Here’s Why Choosing the Right Executive Search Partner Matters
Stranberg on LinkedIn
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Over the past few months, we've discussed strategies for winning the war for talent as a family business, as well as the key principles for selecting the right CEO during succession planning. If you've enjoyed watching these series or if you've missed any part of them, you can find all of our videos for family leaders and advisors on our YouTube channel. 📺 This month, we will be discussing how and why to find the right executive search partner. Stay tuned here or follow along on YouTube at https://lnkd.in/gi7pgz7r #familybusiness #familyowned #successionplanning #executivesearch #talentsearch #talentadvisory
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This month, we are talking about the 3 principles we use at Stranberg when helping families find the right CEO to lead their business. The first principle of leadership is simple: all leaders must be qualified for their role, regardless of their relationship to ownership. In both family and publicly traded businesses, too much is at stake to overlook qualifications. Success depends on having the right leaders to steer the ship and protect the interests of everyone—owners, employees, and customers alike. Read more about this principle and others in our latest blog. Link in comments. #succession #successionplanning #familybusiness #familyowned #executivesearch
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🔍 We've seen it time and again in our work at Stranberg—when roles and responsibilities aren't clear in a family business, it can drive top talent away. And it's not just frustrating for them; it’s a huge missed opportunity for the business. This is the second part of our three-part series on the biggest mistakes families make in the war for talent. You can watch the video related to this common mistake at the link in comments. In the meantime, we've put together an article on this issue that offers some practical tips on how to fix it. Getting this right can make all the difference in the longevity of your family business. 👉 Read more here: https://lnkd.in/gUWJzChE #FamilyBusiness #TalentManagement #TalentSearch #ExecutiveSearch #FamilyOwned #Succession #SuccessionPlanning
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🚨 Uncertainty is the enemy of talent. To attract and retain top executives, family-owned businesses need to offer more than just "trust us." 🤝 📈 Our latest blog shares the top three mistakes families make in the war for talent. Learn how to recognize the signs of these three mistakes and get recommendations for turning challenges into opportunities. This will help you build a team that shares your family values and has the ability to drive your business forward. 🚀 👉 Read the full article here: https://lnkd.in/gvCS8yRw #FamilyBusiness #TalentManagement #Succession #TalentSearch #ExecutiveSearch
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Winning the War for Talent as a Family Business
Stranberg on LinkedIn
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Family businesses compete in the war for talent just like any other company, but with unique challenges. 💼🌟 Overcoming poor compensation practices, unclear roles, and internal dynamics is crucial to attracting and retaining great people. 🔍👥 Over the next few weeks, we'll share several videos on the three most common mistakes families make when it comes to finding and keeping great talent, along with some additional resources to help your family win the war for talent. 📹📈 Stay tuned! 🎥✨ #FamilyBusiness #TalentWar #LeadershipDevelopment #TalentSearch #ExecutiveRecruitment #FamilyOwned
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Effective succession planning in family businesses goes beyond replacement strategies; it needs to focus on preparing an ecosystem for change. Family leaders need to establish clear leadership structures that define decision-making powers upfront, to make sure that the incoming leader can drive the business forward without undue constraints. #familybusiness #executivesearch #familyowned #familyenterprise #successionplanning
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