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Conflict, ineffective decision making, poor communication, generational differences, and delayed succession to the next generation are common family business issues. Attendees will explore how to institute solutions such as a family council, a written family constitution, and the creation of a board of advisors to allow the family business to professionalize and prepare for multigenerational success.
Keanon Alderson, MBA, Ph.D. is a professor of management at California Baptist University. He teaches, researches, writes, and advises on effective family business management. He also works with accountants, wealth advisors, and lawyers on marketing to family-owned businesses. Dr. Alderson is the associate editor of the Journal of Family Business Management. In addition to writing numerous articles, he is the author of two books: Understanding the Family Business (2018) and Family Business Governance (2019).