Most family businesses fail to transcend multiple generations because succession becomes increasingly complex with every passing generation. Growing a business and transitioning a business to the next generation are two very distinct skill sets. In family business, leadership is much more complex than simply being a good operator of the day-to-day operations.
In Build to Flourish: Leading Your Family Business into the Next Generation, Matthew Powell teaches you the four essential ingredients to cultivate the success of your family business: working with your family, on the business, in the business, and on yourself. Between prioritizing stewardship over profit and offering methods for fostering the talent within your team, Matthew shows you how to embrace both the ‘family’ and ‘business’ dimensions of your family business.
Succession in family businesses often leaves the next generation of leaders ill-equipped for the handoff of leadership. Build to Flourish offers you tools and frameworks to foster a flourishing business while making a momentous leadership transition.
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Matthew Powell is the Fourth Generation President of the Century Fence Company. As the leader of the over 100-year-old family business, Matthew is actively stewarding and transforming the business for its next 100 years. Prior to joining the family business, he was a Mergers & Acquisition Analyst at Sun Trust Robinson Humphrey. Matthew lives in Wisconsin with his family.
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