Part II: Getting Organized

Part II of Engaged Ownership provides a foundation for family business owners seeking to increase engagement. You will learn about the complex relationships among owners, board of directors, management, and family, and how those wearing multiple “hats” can better navigate their responsibilities. You will also learn how family history, legacy, and natural governance affect the culture and environment within the family business system. Perhaps most importantly, Part II teaches the importance of a family’s Core Capital—human capital and enterprise capital, in addition to financial capital—and how it can be put to use both inside and outside the business.

New to the Engaged Ownership audiobook? Listen to Part I first.

The Concept of Intention

Ken McCracken joins More at Stake: The Family Business Podcast to discuss the concept of Intention in family business ownership. Intention shapes the way a family interacts with its enterprise and has significant impact on how the family business system operates as a whole.  Listen in to learn about this fascinating—and often overlooked—aspect of family businesses.

Want to learn more? Ken wrote a two-part article on Intention for our digital family business magazine, www.EngagedOwnership.com.

Ken McCracken is an internationally-renowned family business consultant. Ken is the author and teacher of the Advanced Certificate in Advising the Family Business for the Society of Trust and Estate Practitioners (STEP). He is also a member of the Advisory Board of the Institute for Family Business. Ken is a Fellow of the Family Firm Institute (FFI) and a past recipient of their Award for Outstanding Interdisciplinary Achievement.

Welcome to the Engaged Ownership: A Guide for Owners of Family Businesses audiobook. To purchase a hardcover copy of Engaged Ownership—and receive a complementary Engagement Toolkit Map Book—visit the store on our digital family business magazine, MoreAtStake.com.

Part I | Engaged Ownership: An Introduction

Part I introduces the concept of engaged ownership—a different paradigm for family business owners and advisors. Engaged owners bring a deep understanding of their core capital and vision for the future. Advisors who understand the concepts and process of engaged ownership are better equipped to work effectively with their family business clients.

Where does conflict come from? How can it be managed?

Listen in as Amelia and Blair Trippe discuss Blair and Doug Baumoel’s exceptional book, Deconstructing Conflict: Understanding Family Business, Shared Wealth and Power. Based around the “Conflict Equation,” Deconstructing Conflict gets to the heart of conflict in family enterprises, and how it can be identified and managed.

Dennis joins More at Stake to discuss his latest publication, Governing the Family Enterprise: The Evolution of Family Councils, Assemblies and Constitutions.

Governing the Family Enterprise takes a look at what Dennis calls "generative families," and how these extraordinary families are able to meet the challenges of the coming generations as they grow and become more complex.

As both an organizational consultant and clinical psychologist, Dennis helps multi-generational families develop governance practices that build the capability of next-generation leadership and ensure the ongoing capability of financial organizations and family offices to serve their family clients.