Family Business Consultants as Leaders
Consulting and working as an advisor to family businesses are awesome responsibilities. The interventions and advice we give will in some instances have an impact on a family for generations. As a result, it is critical to understand what factors create success as well as failure. In most instances, understanding our failures provides the richest opportunity to create future benefits for our clients. Accepting this challenge of learning from our mistakes requires courage and leadership to explore and understand our own depths and the five common shadows facing family business consultants and advisors. For those of us who take the risk and accept the challenge, the benefits are enormous—not only for ourselves and our profession but more importantly for our clients who are the recipients of our work.
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Document Type: Research Article
Affiliations: President of Hubler Family Business Consultants and professional-in-residence at the Center for Family Enterprise, University of St. Thomas, Minneapolis.
Publication date: September 1, 1998