By Ann M. Dugan;Sharon P. Krone;Kelly LeCouvie Ph.D.;Jennifer M. Pendergast Ph.D.;Denise Kenyon-Rouvinez Ph.D.;Amy M. Schuman
Through tales and interviews the authors discover the altering position ladies play in contemporary relatives company, how one can motivate and aid girls relations, to the demanding situations ladies face to find the suitable stability among paintings and lifestyles, to the function spouses play in that paintings together.
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Extra info for A Woman’s Place: The Crucial Roles of Women in Family Business
Ronda, who is in her early 30s and is married to Keith Brubacher, the second-generation president, is a stay-at-home mom rearing third-generation owners and leaders. S. , Inc, in Combined Locks, Wisconsin, takes the job so seriously that it pays a salary to its family leader, Sarah M. Schmidt, a clinical psychologist who runs her own family business consulting firm in Evanston, Illinois. S. 2 billion. She calls communication her first priority, followed by family education and development. Just as a woman doesn’t have to be the CEO to make an important contribution to the business, she doesn’t have to be the top family leader to make an important contribution to the family side of things.
While the committee took character and personality into consideration, it avoided family politics. Waichler’s brother was among those in the running, and one family member later expressed surprise that he was not the one selected. But Waichler knew from the beginning that for the committee’s choice to be accepted, the candidate had to be the person who could do the job and the nomination process had to be perceived as fair. Under her leadership, the committee settled on Dick Litzsinger, a son-in-law, who led Follett for the next two decades.
It was learning inch by inch. “The joy was that as I learned something, I could use it and so it stuck,” she recalls. “It wasn’t like learning a foreign language and 20 years later, you can’t remember anything beyond ‘Hello. ” If you are a woman (or a man) in a family business, it is wise not to focus your preparation too narrowly. It’s important to develop some skills that are fundamental to any role. We would include consensus building, critical thinking, and problem solving. To that we would add the attainment of some level of financial acumen.