In this episode, Melinda Emerson chats with Barry Banther about family business transitions. They delve into the importance of roles and boundaries, strategies for transitioning leadership, and how to handle disagreements. They also discuss customer centricity, the role of leadership, and the necessity of a business coach in family business transitions.
(0:00) Introduction to the episode and guest Barry Banther
(1:08) Family Business Transition Discussion with Barry Banther
(7:05) Importance of Roles and Boundaries in Family Businesses
(9:54) Transitioning Leadership: Strategies and Pitfalls
(11:07) Handling Business Disagreements within Family Businesses
(13:14) The Role of Leadership in Family Business Transition
(16:00) Customer Centricity in Family Business Transition
(17:00) The Necessity and Role of a Business Coach in Family Business Transition
(17:39) Barry Banther's Best Business Advice
(18:57) Closing Remarks by Melinda Emerson