In this issue
A storied view
In Bergamo and Bellagio, Lombardy, northern Italy, two hotelier families pay homage to history, comfort and attention to detail on vastly different scales
Hiring a family business consultant
First things first: Define your goals when seeking the services of a family business consultant. Lewis Carroll wrote, “If you don’t know where you are going, any road will get you there.”
Leadership: 135 year and no layoffs
A quick Q&A with Howdy Holmes, Chairman and CEO, Chelsea Milling Company, Chelsea, Mich.
Succession Planning. It’s a lot.
There are as many challenges and solutions as there are family businesses
That time I helped my mom with a Google Doc
Getting past generational conflict with reasonable communication
Three generations, one epic view
The Eberhardt family and the Aurora Borealis share a common reality: They’ve all been hanging out north of Fairbanks, Alaska, for a long, long time.
Sure, the Northern Lights likely have been twisting and crackling in the night sky for millions of years. But the Eberhardts have been there a while, too — Walter Eberhardt first homesteaded the family’s 280-acre ranch in 1947.
Today, Walter’s grandson Kory runs the family show, which features two Aurora-oriented experiences.
The company, named Hello Alice, offers credit cards and microgrants and to women- and minority-owned small- and medium-sized businesses, as well as a host of other supports to help growing businesses thrive.
Hello Alice awarded more than 1,000 small business grants totaling more than $12 million in 2022.
Succession is a journey, not a plan
Succession is not a simple choice or decision; it is a far broader task of envisioning the future and taking steps to realize this vision. It fulfills two essential tasks for sustaining the enterprise across generations:
* Creating a process to develop new leaders and pass ownership and control to successors.
* Keeping the family as well as the enterprise vital and successful across generations.
Past issues you might be interested in
Family Business Magazine—November/December 2021
Family Business Magazine—July/August 2021
Family Business Magazine—March/April 2021
Family Business Magazine—January/February 2021