The Kelly family vision is an example of a family business where the father had died. His death created many problems not only for the business, but also for the family. The company stock was put in a trust for the benefit of the children. The oldest son was excluded from owning the stock and even working in the business. The trust created a board of directors who hired a general manager, and this created a very difficult process for the son. The family legacy was what drew the family together, and essentially the family was united by fulfilling the father's legacy. The mother's individual vision in the example used here wanted to support her children and the ongoing success of the company as well as the board and her children's wishes.
KELLY COMMON FAMILY VISION
With a generosity of spirit, we complete our father's legacy of hard work by continuing to celebrate his values of loyalty, trust and honesty. We value each other and trust that our dedication to these values will create family harmony and happiness.
Prayer for Loving Kindness May our family be filled with loving kindness May we be well May our family be peaceful and at ease May our family be happy
JOAN'S INDIVIDUAL VISION (MOTHER)
With expectations for good health (till a ripe old age) my vision is to enjoy my golden years with a close relationship with my family and friends, having great joy in this life with a close relationship with my God. I will be supportive on the board of (the business) and to my children's wishes.
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The Danz family has been working together for approximately 30 years. Over the last 10 years things have been very difficult as they approached succession planning and they had three misfires. Read More
These family business success stories are the outgrowths of actual
common visions created by families in business. All true, these
business success stories have fictional names to inspire other families
to work together to develop their own common vision.
Does your family business need help with succession planning, conflict resolution, management or other issues? If so, we'll arrange a one-on-one orientation meeting with you and Tom Hubler to help you explore the possibilities of working with us. If you choose, your family and business associates can also attend. Here, in a relaxed environment, you can talk about:
- Key family business issues - Plans necessary for the success of your family-owned business - Possibilities and expectations - Terms of the relationship