Description

Learn more about BankFirst.

We have covered succession planning many times on Dairy Stream and this time we are taking a unique approach that focuses on the alignment of family and business goals to support long-term family harmony and business success.  

Dairy Stream host, Joanna Guza, and guest, Barb Dartt, discuss the following topics: 

• First things to assess and align to improve succession planning
• Collaborative dialogue, how to practice it
• Handling difficult conversations
• Leadership development in succession planning
• Structured governance
• Biggest thorns in succession planning
• Advice to the next generation
• How to revisit succession plans

About the guest

• Barb Dartt is a principal consultant for The Family Business Consulting Group. She has more than 20 years’ experience helping individuals and family groups grapple with the joys and challenges that are a natural part of families owning and managing businesses together.  At The Family Business Consulting Group, Barb helps families get aligned, anticipate and prevent future challenges, and communicate effectively to grow their businesses. 

Resources:

• Lydia Tuthill’s article on the 3 Cs 
• Barb's article on Next Gens “grabbing hold” and Letting Go... by Avoiding the Identity Trap
• Crucial Conversations
• Death by Meeting
• FBCG Resources
  • Managing Conflict in the Family Business
  • Power, Authority, and Influence: The Hidden Challenges of Succession Planning
  • Three Key Conversations for Sibling Partnerships to Succeed in Succession
  • Having “The Talk:” Navigating the Family Business Succession Conversation with Your Parents
  • Family Business Succession: 15 Guidelines

Compeer Financial is proud partner of Dairy Stream.  Learn more about Dairy Stream sponsorship.

This podcast is produced by the Voice of Milk, a collaboration of individual dairy organizations working to improve the future of dairy farm families. Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.