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Women in Family Business

Women in Family Business

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WIFB is a global initiative that offers an opportunity to women from all over the world to share their insights and experiences with the family enterprise, connect with their peers, and contribute to the creation of a strong community.
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Welcome to Call Her Boss, the podcast designed for women who are ready to build their dream life but find themselves battling imposter syndrome, constant overwhelm, and unsure of where to start. I’m your host, Elizabeth Ackerson, CEO, small business owner, board certified nurse practitioner, national speaker, ADHD survivor and thriver and mother of 3. Five years ago, with a big dream and a little bit of delusion I left a 6-figure corporate job and founded a business betting on myself. With a ...
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show series
 
Empowering Connections: Unpacking 'The Gift of Influence' by Tommy Spaulding In this highly anticipated episode, the host dives into 'The Gift of Influence' by Tommy Spaulding, a transformative book that redefines the concept of influence as a positive force for good. Inspired by conversations with J. Falls Graf and Sarah Clark Dobies, the host ref…
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In this episode, we delve into the profound impact of frame of reference, specifically focusing on ADHD from a personal and educational perspective. The host shares an emotional and transformative journey from feeling overwhelmed and uninformed about her son's ADHD to becoming a passionate advocate. Highlighting both the challenges and the unique s…
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Show Description: Join us this week as we sit down with the incredible Gracie Kilma, a collegiate athlete and founder of the Green Glow Project. Gracie shares her journey from facing the pressures of being a student-athlete to creating a not-for-profit organization aimed at preventing SIDS after losing her brother Knox to the syndrome. Listen in as…
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In this episode of 'Call Her Boss,' we sit down with Jay Pfalzgraf, the Chief Growth Officer at Blue Stone Therapy. Jay has played a pivotal role in transforming various companies into powerful organizations. Taking us through his journey, Jay shares his experience across different roles in the medical and wireless industries. From his early beginn…
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10 Essential Tips for Aspiring Entrepreneurs: Lessons From My Journey Welcome back to Call Her Boss! This week, we're diving into something a bit different—entrepreneurship and small business. I'll share my personal journey and valuable lessons I've learned along the way, including the importance of having a business plan, securing funds, understan…
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Join us for an engaging episode with Emmy award-winning journalist Amanda Goodman. Dive into her journey from a Philadelphia native to a prominent figure in Cedar Valley, her experiences with gender bias in journalism, and her advocacy for children. Amanda shares her transition from being an on-air news anchor to becoming a voice for the community …
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Navigating the Emotional Rollercoaster of Sending Your Child to College In this deeply personal episode, we explore the emotional journey of a parent preparing to send their oldest child off to college. With a blend of joy, grief, confusion, and introspection, this episode discusses the unique perspective of raising children with significant age ga…
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This week I explore the transformative power of emotional intelligence and vulnerability. Emphasizing the importance of harnessing emotions to create a richer, more fulfilled life, I delve into how emotional intelligence can help individuals become better parents, leaders, and the best versions of themselves. I highlight the societal failure in tea…
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In this engaging podcast episode, I am thrilled to welcome Dr. Danielle McGue, a communication studies expert and successful entrepreneur who works with high achieving women, to discuss the complexities of balancing life's passions with overwhelming schedules. Danielle sheds light on the challenges faced by high-achieving women, addressing issues s…
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This week's episode is dedicated to all perfectionists, whether past, present, or future. As a reforming perfectionist, I share my personal journey of letting go of the need for perfection and its liberating yet challenging process. I delve into real-life examples, such as overthinking paint colors and refolding laundry, to illustrate the pitfalls …
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This week, I had the pleasure of hosting my dear friend Allison Schwab, an extraordinary photographer, mother of four, and founder of the Autism nonprofit organization Every Piece Matters. Hailing originally from Virginia, Allison now resides in the Midwest with her husband, Doug Schwab, a former Olympian and current wrestling coach at the Universi…
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In this episode of 'Call Her Boss', I share insights from a recent conference and delves into the importance of surrounding yourself with the right people. Emphasizing the concept of maintaining a 'cheerio-sized' circle, we discusses the significance of intentional relationships for personal and professional growth. The episode highlights scientifi…
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This first episode of the 'Call Her Boss' podcast is a passionate introduction to the series, where we talk about the secret sauce of success. In this episode, we delve into the powerful concept of betting on yourself, particularly from a female perspective. We discuss the importance of self-belief and betting on oneself, encouraging women to overc…
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Welcome to Call Her Boss, the podcast for women who are ready to step into their power, own their story, and create a life they absolutely love—without comparing themselves to anyone else. I'm Elizabeth Akerson, a board-certified nurse practitioner, entrepreneur, and national speaker. In today’s episode, I’m opening up about how I went from feeling…
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What do a corporate career, working in a family business, and founding a startup have in common? Surprisingly, more than you might think! Nadine Karadag’s journey is a fascinating blend of these diverse environments, and in this episode she reflects on how her approach to leadership and innovation has varied in each setting. Nadine began her career…
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The art of communication is the glue that holds family businesses together, yet it's often the toughest nut to crack. Why do families in business dance around the conversations that matter most? Conflict, relationships, illness - these topics are the bedrock of our family dynamics but are often shrouded in silence. This silence can ripple through g…
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Passion, vision, and leadership play critical roles in determining the success or failure of every family business. However, while passion and vision remain constant sources of inspiration across generations, leadership styles vary and yield diverse results. Often a product of their era, culture, and economic environment, successful business leader…
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Interview with Meghan Juday, Chair of Ideal Industries Inc., governance advisor, and founder of The Lodis Forum, and Marina Vaughan Spitzy, founder of legacy planning firm, Tecolote Advisory, and fifth-generation family business stakeholder Whether gender bias exists within the world’s family enterprises has been unequivocally answered. Yet, despit…
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Interview with Eva Fischer Hansen, Family Business Adviser and Founder of Balance2Perform The reasons families choose to sell their businesses vary, but the subsequent, often distressing, process of moving on and navigating the unknown is an experience every former family business owner will inevitability face. For Eva Fischer Hansen, the strain of…
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In 2007, a phone call changed Haleema Al Owais’ life in an instant. The young mother of a toddler had just started a new position in her burgeoning television management career when she learned her father, Humaid bin Ali Al Owais, had unexpectedly passed away. Pressing through her shock and grief, Haleema resigned from her job and, along with her b…
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Dr. Yasmina Fechkeur not only ascended through cultural barriers to become a leader in her family’s energy services business, she also fought to bring new perspectives to the sectors she worked in with her family and as an entrepreneur. Working alongside her three brothers, and with the support of her parents, Yasmina played a pivotal role in upgra…
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Muna Al Gurg has been instrumental in shaping innovative approaches in her family’s firm.She fondly remembers the stories her father, and company founder, Easa Saleh Al Gurg, told her about navigating the business through Dubai’s early development period in the 70s and 80s. Those experiences helped reinforce Muna’s belief that the ability to adapt …
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An increasing number of women are stepping into key leadership roles in their family enterprises. Following in the footsteps of their business-founding mothers, however, remains much less common. This was especially true in the mid-1980s when Nancy Gudekunst answered the call to help her mother, Margaret Custer Ford, with the successful promotional…
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The knowledge that we will inevitably face circumstances beyond our control is part of being a business owner. The steep changes caused by the recent global pandemic showed the capacity of whole industries to pivot at seemingly a moment’s notice. The hospitality sector is particularly sensitive to these global ebbs and flows. Few nations know that …
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Taking over a family business invariably means confronting expectations. Whether it's the legacy of the enterprise’s visionary founder or the agenda of its board members, a family firm’s next-generation leader often contends with pressures that go beyond the already challenging task of charting a successful path for the business. But despite the ex…
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After answering her father’s call to help with the family business, Cecily McGuckin saw the need for modernisation and change in the company, ultimately taking on the task while also navigating the operation’s overwhelmingly male culture. While evolving to meet current and future challenges is an important strategy for every business hoping to safe…
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Family businesses have experienced significant turbulence and change over the last quarter century, which redefined the fundamentals of social interaction and triggered the restructuring of even some of the most steadfast industries and sectors. Technological advances coupled with societal and environmental forces have upended the status quo of how…
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A recent report by the International Energy Agency projects that renewable energy will become the largest global source of electricity by 2025 – that’s enough energy to power all of China in 5 years. Considering this revelation, it’s becoming increasingly hard to imagine a time when investing in renewable energy was a gamble, especially in oil-rich…
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Many family enterprises are known for their positive impact on their industries and communities. In fact, the most exciting entrepreneurial adventures and the most favourable change often results when a family’s values collide with systemic problems. But doing ‘the right thing’ isn’t always easy, and when ethics and sustainability are top of the ag…
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A recent UBS study revealed that 59% of widows and divorcees regret not being involved in long-term financial planning when they were married, and 98% would advise other women to take an active role in finances immediately[1]. With women’s wealth set to outpace global wealth over the next several years[2], it’s never been more important that women …
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A family member’s career in the family business often begins with the famous ‘call to action’. But a long and often challenging journey lies between taking that call and building a career that brings fulfilment to oneself and opportunities to the family. Navigating the complex mix of expectations and obligations can bring unforeseen shifts in relat…
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Today’s businesses face unprecedented uncertainty. Even before 2020’s pandemic fundamentally upended the status quo, disruption was taking the form of new technology, market globalisation, and ageing demographics. Companies have had to change to meet their goals, but have their boards evolved with them? The board room is coming under increasing pre…
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In its Global Gender Gap Report 2022, the World Economic Forum states that it will take another 132 years before gender pay parity is achieved globally at the current rate of progress. This is the context within which women seek to build their careers and businesses, and for many these challenging professional demands are compounded by expectations…
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KPMG Private Enterprise has famously published numerous studies and thought leadership articles on women in family businesses from across the globe, but none of these publications has looked exclusively at the role of women in Saudi Arabia. Until now! With the number of women in the Kingdom’s workforce increasing over the last decade, and women ass…
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In this episode of Women in Family Business, Sophia Rascoff, co-founder and CEO of Recon Food, talks about starting a brand-new social media platform with her father, being an entrepreneur in her teens and establishing a healthy work/life balance. She also addresses some of the issues surrounding other social media platforms and how these can be ma…
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As one of the top generator suppliers in the Middle East, Africa and Asia, employing more than 1,400 people, Jubaili Bros realises the importance of contributing to society and the environment. And with a range of ESG and sustainability initiatives that attract new talent firmly embedded in the company’s culture, they’re addressing these concerns w…
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In many ways, the experiences of women in family businesses in India are different from those elsewhere – especially those in the West, which has traditionally been the focus of family business research. And within India itself, the experiences of women in family businesses differ widely based on their social, cultural, economic, institutional, geo…
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On this episode of WiFB, Maissa Abou Adal Ghanem, Social Entrepreneur, CSO & Board Member of the HOLDAL Group, discusses how family businesses can build and implement successful ESG agendas that speak to the immediate needs of their community. Founded in Lebanon in 1947, the HOLDAL Group has embedded IMPACT in their everyday operations. Despite the…
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Family businesses around the world are increasingly focused on implementing a sustainability agenda in their often tradition-bound companies. Some have gone further than others by embedding sustainability practices and standards at the very heart of their business model, requiring significant changes to supply chain, governance and organisational c…
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On this episode of WiFB, Claudia Astrachan, Head of Governance, Generation6, discusses how to embed cohesion into the culture of a family business, highlighting the importance of doing so in an authentic way that works for the family itself. She considers who should take the responsibility of advocating for family cohesion, as well as contributing …
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Building an art collection serves not only as an investment and overall asset diversification, but also as a way of creating and preserving a legacy. Although traditionally dominated by high-net-worth males, the art industry is now seeing an increasing number of female collectors who are responsible for a significant share of the market. In the pas…
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Despite a significant shift in perspectives in the conversation on women in family business, women still face significant challenges when it comes to the roles they are expected to fill. Even today, women are frequently type-cast in positions that provide emotional support to other family members — chief emotional officer, for example — while posit…
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The Family Office is evolving in MENA and taking forms that are significantly different from the traditional construct first used by European industrial families to manage their wealth. Similar to most business and investment endeavours in MENA, it is the specificities unique to the region, its nuances, growth and dynamism that are also shaping the…
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In Latin America, family businesses are the predominant economic players. Their sustainability is crucial to national ecosystems, as each family brings unique cultural and economic contributions. However, like any regional cluster, these Latin American business families are subject to prejudice, myths and stereotypes that can limit their potential …
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When discussing women’s roles in the family business, we often fail to recognise how different perspectives can change the conversation. A shift towards this recognition is critical for empowering the next generation and promoting a more inclusive environment. Daniel Trimarchi, Director of Family Business Advisory at KPMG Private Enterprise in Cana…
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Business Consulting Resources (BCR) undertake an annual research project on the topic of women in the family business, creating a platform for women to share their personal experiences and shed light on issues that may have previously been overlooked. Through intimate one-on-one conversations with the participants, a collection of stories of how wo…
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For Mackey McNeill, owning her own business always seemed like the obvious choice. After many successful years of helping companies make better business and financial decisions, her daughter Sarah Grace joined the team, and the mother-daughter duo entered the world of family business. While this transition was not without its hardships, Mackey and …
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For Angelina Perryman, joining the family business was always part of the plan. From helping her father tinker with logos in the basement to typing up contracts after school, she – like many others – has been preparing for the transition to join the family business for as long as she can remember. While the transition into the formal workplace has …
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