Family Business Matters Presents “The Bork Process”

Maldonado Family Office
Presents

“The Bork Process™”

About “The Bork Process” Workshop

David Bork and the Family Business Matters Consulting Team, together with the GEM Family Office, are proud to offer a unique workshop on The Bork Process™. This program is the product of David’s accumulated wisdom from 50 years of expertise working with over 450 family businesses all over the world.

The Bork Process™ is grounded in the Four Pillars of Family Business: Alignment, Boundaries, Communication and Competency. These pillars are imperative for a resilient family business, affecting organizational health, management function, and personal performance.

This  2-day workshop is intended to be a deep dive into some of the BEST international family business practices. The Bork Process Team strives to teach each person in the family, and company, to understand and use essential core skills for increasing organizational health and performance. This stellar, cutting-edge seminar is recommended for:

  • Family members working in their family’s office.
  • Family members whose families have family offices.
  • Non-family executives in family offices.

Workshop Details

Dates: April 12-13, 2018
Venue: Dorissa Building, Miami Biennale Space, 2751 N Miami Ave., Miami, FL 33127
Deadline: RSVP before April 2, 2018 to Samuel Maldonado, Family Business Matters Associate, [email protected]
Pricing: We are offering this unique and transformational experience at the special price of:

  • $400.00 for individual participants
  • $350.00 per person, if 2 or more members of the same family participate together

We want to encourage the participation of several members of the same family in this workshop in order to create an open dialogue and stimulate the exchange of ideas about the FB challenges. Participation of multiple family members will increase the impact this workshop can have on your family and business, and improve the possibility for implementation within your Family Business.

Workshop Program

Thursday, April 12

TIME
By |2020-06-25T08:09:31-06:00January 26th, 2018|Categories: Announcement, Speaker|

Leading the Way: Europe’s First Executive MBA for Family Business

Leading the Way: Europe’s First Executive MBA for Family Business LeadersHave you heard about Europe’s first Executive MBA for family business leaders? Not only it is the first-of-its-kind degree program in Europe, but it is also the only Family Business MBA that has been accredited by the Association of MBAs (AMBA), the prestigious executive MBA accreditation group.

EDHEC Business School now offers the Family Business Global Executive MBA Program.

The students come from different cultural backgrounds, covering all continents, as diverse as Australia, Tanzania, Egypt, Finland, Venezuela, France, Oman, or Reunion Island. They are all family business members with active experience in their businesses and will become the future leaders.

Students join the program to deepen their knowledge and support their family business as future leaders on key challenges including management, family dynamics, leadership, and governance.

How does it work?

The program is held for 15 months with 10 weeks of physical contact hours spread across the EDHEC business school campus and partnering locations, including Paris, Lille, Nice, London, Singapore, Boston and Palo Alto. This allows a truly enriching experience with world-class professors and speakers balancing the local and international dimensions of the class locations.

Classes are held in diverse formats ranging from classical lectures to workshops, experiential learning, family business visits, expert testimonies and coaching sessions.

Whom does it serve?

The Family Business Global Executive MBA (EMBA) is intended for family business future leaders who want to embark on a transformational learning journey to build their legitimacy in the family business, contribute to maintaining family cohesion and responsible ownership practices and business sustainability.

Both members of the family controlling the business and outsiders working in key positions in the family business are eligible for the program.

How can I learn more?

For more information, you can click through to

David Bork Writes Forward for MAPS for Men Book, a Must-Have Resource for any Family Business

David Bork Writes Forward for MAPS for Men BookDavid Bork is proud to have contributed the forward for the book, MAPS for Men: A Guide for Fathers and Sons and Family Businesses.

New York Times best-selling author and nationally syndicated radio show host Dave Ramsey calls this important book “a must-have resource for any and every family business.”

In his forward for MAPS for Men, David Bork, founder and CEO of Family Business Matters, writes: “These concepts help fathers and sons reframe their relationship into something that is more meaningful and helpful in meeting their goals, rather than repeating generational patterns.”

David recommends this book to fathers and sons seeking to better understand their personal and professional relationship.

Full text of MAPS for Men Forward by David Bork

In the interest of full disclosure, Edgell Franklin Pyles has been a good friend for more than twenty-five years, and we share a large community of interests. In the early 90s, we explored together the works of Robert Moore, James Millman, Robert Bly, and others. I met both Robert Moore and Robert Bly at a retreat in Aspen, Colorado, organized and sponsored by Edgell.

This was called the men’s movement, and we were excited about it because it sought to further define what it meant to be a man at the end of the twentieth century. It was grounded in Jungian psychology, and while well researched and articulated, it could be theoretical and esoteric. Our explorations of this work produced a practical approach and we have been on parallel, but different, paths.

We were interested in understanding the dynamics that take place between fathers and sons at both the personal and professional level. Our first step was to comprehend and appreciate the relationship we had with our respective […]

Top Ten Family Business Facts | Fact #2: The Cluster Model Helps Capture the Evolution of Your Family Business Over Time

cluster-modelTraditionally, family businesses are described as constituent of three overlapping circles:

1) the family,

2) the business, and

3) the ownership (Gersick, Davis, McCollom Hampton, & Lansberg, 1997; Tagiuri & Davis, 1996).

Recently, Michael-Tsabari, Labaki, & Zachary (2014) suggested the Cluster Model to update the two and three-circle models by providing a more detailed picture of the circles’ evolution over time.

While the original bivalent two-circle model appropriately describes a family that owns a firm (Tagiuri & Davis, 1996), Michael-Tsabari et al. (2014)’s study addresses the inaccuracies of the circle models when it comes to describing a family that owns more than one firm and suggests a more detailed perspective allowing to include in the analysis the different firms that the family owns to different extents.

Lesson #2: Putting on the lenses of the Cluster Model might help you better capture the evolution of your family business over time both in terms of the descendants driving this evolution and its outcomes.

Wondering what the Cluster Model means for you and your family business? Do you need some guidance on seeing your family business through this lens? Contact a Family Business Matters consultant today. Through conferences, continuing education programs, family business retreats, speaking engagements and private family business consulting services, Family Business Matters has assisted more than 450 family-owned businesses around the world chart their way through family business issues of all shapes and sizes.

This post is the second in a series by Rania Labaki highlighting the Top Ten Family Business Facts. To view the previous post in this series, follow this link. To review the full Top Ten Family Business Facts and to access a list of original resources, please visit our Family Business Facts page.


Rania Labaki – Author Bio

Rania Labaki

Special Report on Family Business in The Economist: What You Need to Know

family-business_office-picFar from declining, family firms will remain an important feature of global capitalism for the foreseeable future, argues Adrian Wooldridge.”

So begins a recent special report on family businesses published by The Economist.

The introduction to this report recalls the “starring role” family companies have played in the development of capitalism, citing the inherent advantage of the “two most important ingredients of growth, trust and loyalty,” and instrumental families we all recognize: the Rothschilds, Fords, and Versaces to name a few.

Recognizing that this kind of historic and economic impact of major family companies has been well documented, the report makes the case that the influence and impact of family companies is still one of the most important forces for economic growth around the world today. The Economist seems to agree with a concept David Landes first laid out in his book, Dynasties, asserting: “You could write a respectable history of capitalism through the lens of family histories. You could write an equally respectable survey of the state of modern capitalism by telling the story of a dozen family firms.”

Further, the Economist writes:

“This special report will argue that family companies are likely to remain a significant feature of global capitalism for the foreseeable future, thanks to a combination of two factors. Family companies in general are getting better at managing themselves: they are learning how to minimise their weaknesses while capitalising on their strengths. At the same time the centre of the modern economy is shifting to parts of the world—most notably Asia—where family companies remain dominant.”

Why is this significant for the families and businesses we serve here at Family Business Matters?

We want to help your family business continue to grow and succeed in the modern economy. We want […]

Top Ten Family Business Facts | Fact #1: Economies Around the World Depend on Family Businesses

Economies around the world depend on family businessesDid you know that the success and growth of your family business matters to many people? In fact, your country’s economy may depend on it.

Statistics show that family businesses are predominant throughout the world (López de Silanes, La Porta, & Shleifer, 1999) and contribute the most to the growth of worldwide economies. For more details, read Family Firm Institute’s Global Data Points article.

A recent study by Memili et al. (2015) examines the impact of the prevalence of Family Small and Medium-Sized Enterprises (SMEs) on economic growth at the state level in the USA. It suggests that the proportion of Family Small and Medium-Sized Enterprises (SMEs) will have an inverted U-shaped relationship with economic growth. Stated differently, there is an optimum level of Family Small and Medium-Sized Enterprises (SMEs) in a local economy. Up to that point, which is about 42.8 % of the Small and Medium-Sized Enterprises (SMEs) population, an increasing proportion of family firms have a positive influence on economic growth. However, beyond that point, more and more family firms in the economy appear to reduce economic growth.

Lesson #1: A balanced combination of family and non-family Small and Medium-Sized Enterprises (SMEs) is more conducive for maximizing economic growth than either type of business. Therefore, your family business plays an active part in promoting your country’s economy.

To review the full Top Ten Family Business Facts by Rania Labaki and to access a list of original resources, please visit our Family Business Facts page.

Does Your Family Business Need Guidance?

Through conferences, continuing education programs, family business retreats, speaking engagements and private family business consulting services, Family Business Matters has assisted more than 450 family-owned businesses around the world chart their way through family business issues of […]

Family Constitutions and Other Related Matters

Family constitutions are a form of governance that sets up structure to regulate the manner in which family business matters are handled. A family constitution has the effect of helping a family run an efficient, effective, customer-focused and community-focused business. This type of focus ups the ante on the quality of behavior inside a family enterprise.

By |2020-06-25T08:11:54-06:00May 17th, 2015|Categories: Articles|

Corporate Governance in Family Business

Corporate governance in family business is essential for long-term success. Family businesses that have survived over the generations have an internal governance structure that parallels the structures found in leading businesses around the world. Such structures provide an internal discipline on how family and non-family members will function within the business.

By |2020-06-25T08:12:07-06:00May 17th, 2015|Categories: Articles|

Rules of Engagement

A policy for how family members will be permitted to participate in the family business can be referred to as Rules of Engagement. Family business rules are often manifested in the form of a Family Business Employment Policy. Family members working in the family business must show up, produce and perform to the same standards as non-family employees.

By |2020-06-25T08:12:43-06:00May 17th, 2015|Categories: Articles|

Transfer of Control in Family Business

All owners of a family business eventually must consider a family business transfer from one generation to another. For a smooth transfer, families are encouraged to make a fully documented, comprehensive plan for all the things that must happen in the business and in their families so that transfer of control can occur in a timely manner.

By |2020-06-25T08:12:59-06:00May 17th, 2015|Categories: Articles|

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.