Uncategorized Archives - David Werdiger
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Dan Andrews Has Lost Our Trust

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Why is this state different from all other states? There are no simple answers. We are still in the “fog of war” (albeit slightly less foggy than a few months ago), and we won’t get to the bottom of this for a while yet. We don’t know if the second wave has peaked. We don’t know if there won’t be further waves (here or in other states). The judicial inquiry is barely getting started. We…

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The Flipside to Wealth

The Flipside to Wealth

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This is a difficult topic to broach, and needs to be done only in appropriate settings – indeed, that might be the most important message of this topic. After the story of BMW heiress Susanne Klatten went public, she was slammed on social media. Her personal challenges – the responsibility, self-doubt, and being targeted by scammers – are real. But it’s very hard for anyone brought up without wealth to have any sympathy (and often it’s the reverse), so seeking it from ‘outsiders’ is almost a waste of time.

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Next Generation Family Business

The Next Generation May Not Be Interested

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Transitioning a business can be difficult when the #nextgeneration aren’t interested … It turns out there are 4 core components to consider, and if you get them right, the conflict resolution usually runs very smoothly. Medium to large sized family business (turnover $50M+) have a problem: the next generation aren’t interested in joining. There are so many options out there in the job market (jobs that didn’t exist in the previous generation) that the family…

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Keeping Family Business Strong

Keeping Family Business Strong in Times of Change

By | Familosophy, Featured Posts, LinkedIn, Uncategorized | No Comments

Family businesses aren’t just businesses that happen to be owned and/or managed by a family. Factors like a long-term perspective, and the multiple/overlapping roles of owners, employees and family members are both strengths and weaknesses. These factors mean that family businesses need another set of principles to help them stay strong. Because many stakeholders have multiple hats, separation of powers is very important. Everyone needs to understand what their roles are (employee, manager, owner, etc)…

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The downside to wealth

The Downside to Wealth

By | Familosophy, Featured Posts, Uncategorized | No Comments

This is a difficult topic to broach, and needs to be done only in appropriate settings – indeed, that might be the most important message of this topic. After the story of BMW heiress Susanne Klatten went public, she was slammed on social media. Her personal challenges – the responsibility, self-doubt, and being targeted by scammers – are real. But it’s very hard for anyone brought up without wealth to have any sympathy (and often it’s the reverse), so seeking it from ‘outsiders’ is almost a waste of time.

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