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Women in Family Businesses - Invisible Giants


The importance of women in family business cannot be understated. From the late ‘90s to 2015, the amount of women running family companies has quintupled.

Despite this progress, less than a quarter of the average family firm’s executive team is composed of women. While women wait for greater acceptance as equals in the business world, many are hard at work behind the scenes.

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Can Sharing Family Stories This Christmas Improve Your Family Business Outcomes?



“… if you want a happier company, team, unit ,organization or family, you need to capture their core identity by creating, refining and retelling your story. That act alone may increase the odds that your family will thrive for many generations to come”

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Look at the Data: Family Farms Have a Problem


Australia’s family farm owners are five times more likely than the average person to still be working over the age of 65, and that could be a problem. Too many family farms are ignoring succession planning and appear unprepared to pass on their business to the next generation.

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Easy Tips for Family Business Leadership


“First recognize that for any group or organisation to be successful it needs to be led, managed and governed well”  John A Davis,PhD Harvard Business School

Most family businesses fail because they lack the discipline, governance structure and leadership to handle all of the challenges they are going to face. They mishandle or fail to plan for succession transitions. They do not communicate effectively in both family and business. They ignore the need for innovation in a fast-moving world.

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Want Your Family Business to Survive? Start Innovating.


Here’s How:

If you operate or work in a family business, you’re part of a very Darwinian food chain. Everyone knows the statistics: fewer than 1/3rd of family businesses make it to a second generation. Approximately 10-15% make it to a third generation. Less than one-in-twenty make it to a fourth.

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Fairness vs. Equality in Family Business


An old saying goes: “Families are equal; Businesses are equitable.” If you run a family business, however, the ideas of fair and equal may not always match up.

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A Toolkit for Family Business Longevity?


Here it is!

Whether the original dream was yours or was born from inspiration generations ago, the vision is likely the same. Make it exceptional and make it last 100 years.

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Family Constitutions? A Quick Heads-Up


Effective communication in family businesses is essential. As the number of stakeholders increases, so does the complexity of the family business. A family constitution is a way of managing that complexity. Here are a few reasons you should consider developing a family constitution.

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Women in Enterprising Families: A Call to Action



Women have always formed the heart and soul of the Australian family businesses and, excitingly, are assuming more leadership roles than ever. It’s great to see that kind of progress, but we also know that the greatest challenge faced by female business leaders is often balancing the roles of leader, co-worker, wife, daughter, and many more.

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Your Family’s Future Lies in the Next Generation


Family Businesses untapped resource

When you've spent a lifetime building a successful family business, it is natural to have concerns about its future.Planning for the future is difficult enough, but planning for the success of your family business once you hand over to the next generation presents unique challenges.It is not uncommon for the founder to wonder if the next generation will be able to handle the challenges that running a successful family business needs. Quite often that means worrying about the changes that next generation will undoubtedly implement.

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The Family Business: Make It Last 100 Years


A Family Business Survival Kit

When all of the complications and distractions are cleared away, isn’t that what we are all actually striving for? 

Whether the original dream is ours or was born from inspiration generations ago, the vision is likely the same.  Make it exceptional and make it last 100 years. 

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Values in Your Family Business


Are they your connective tissue or weakest link?

It is critical that family and business values be reconciled in a family business.  In “Fostering Family Value(s)”, Olof Bik and Michel Adriaansens point out that there are two sides of the values coin, regardless of where those values originate.  How does one “embed and preserve the integrity of core values,” yet avoid the pitfall of a “strong culture turning into a repressive culture”?

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Australia’s Richest Family and Other Cautionary Tales


Four Videos that can help family businesses

Dr Lee Hausner is an internationally recognized family business consultant and clinical psychologist. In her keynote speech at the National Family Business Australia conference in August this year, she opened by saying, “There is the business of business and the business of the family. If the business of the family is fine, the business will be fine. So we need to focus on the family.” 

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This Is Why You Should Help Your Daughter Succeed in the Family Business.


Women, Family, and Business: Enabling Women to Succeed in Family Businesses

The number of women-owned businesses increased 74% from 1997 to 2015, whereas the total number of businesses only increased 51%, according to the latest State of Women-Owned Businesses Report, produced by American Express. What’s more, the number of women leading family businesses has increased five-fold since the late 90s.

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Are the Kids All Right? Preparing the Next Generation for Wealth.


Family Office Exchange shows specific family business education is the key.

For children, growing up in a wealthy family comes with certain challenges. Many such children have difficulty conceptualising the value of money, or take their family’s wealth for granted. On the other hand, they may feel a sense of guilt or even shame for enjoying wealth they didn’t earn, and a sense of pressure to “make the most” of the fortunate situation they were born into. Indeed, research shows that adolescents from affluent backgrounds are more prone to depression, substance abuse and anxiety.

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4 Tips for Embracing Leadership Roles in Your Family Enterprise


The Next Generation

In 2014 Price Waterhouse Coopers released the findings of their Family Business Survey- Bridging the Gap. They interviewed 207 next gen family business leaders. They found them to be ambitious with big ideas and eager to make changes, hardworking but knowing they always have to prove themselves and the majority identified gaining the respect of their co-workers as their biggest challenge.

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How Long Can You Ignore the Elephant in the Room?


Wondering how other family businesses address it?

It seems that two of the most difficult issues for family groups in business are firstly identifying their challenges and secondly taking that huge leap to start talking about those challenges together.

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Learning from the Best: The World's 500 Largest Family Businesses


Get inspired

The Center for Family Business at the University of St. Gallen, Switzerland has just published a new list of the 500 largest family-owned companies by revenue. If you are passionate about the family business sector like we are, you will find this fascinating. If you are just starting out in your family business, I think you will find it inspiring.

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Encountering Conflict in Your Family Business? Read This


Facing a communication breakdown?

If you’re encountering a conflict in your family business, it may not be for the reason you think. It is said that 10% of conflict is because of a genuine difference of opinion, but 90% is due to simple miscommunication.

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Thinking About Insights Services? Here’s How These Products Can Help


Gain new insights into your family business.

Our courses and tutorials cover everything from communication, conflict management and family meetings to decision-making processes, balancing family and business, and leadership. Chances are, you’ll gain a new way of thinking about an aspect of your business.

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Contact Info GPO Box 1784 Brisbane, Qld, Australia 4001 | Tel: +61 (7) 3067 3473 | coaching@insights.org.au