Effective Leadership in the Family Business

Effective Leadership in the Family Business

Author: Otis W. Baskin

Publisher: Macmillan

Published: 2011-01-04

Total Pages: 108

ISBN-13: 0230115985

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Identifying and developing leaders in a family business can be more difficult than traditional business. How do you develop each child differently, how do you lead your sibling-- who in fact may be older than you? Balancing the diverse demands of your business, your family, and your shareholders means taking extra effort. Here authors Aronoff and Baskin discuss the different styles of leadership and what style might work with what family member—including the Directing Leader; the Coaching Leader; the Counseling Leader; and the Delegating Leader.


Book Synopsis Effective Leadership in the Family Business by : Otis W. Baskin

Download or read book Effective Leadership in the Family Business written by Otis W. Baskin and published by Macmillan. This book was released on 2011-01-04 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifying and developing leaders in a family business can be more difficult than traditional business. How do you develop each child differently, how do you lead your sibling-- who in fact may be older than you? Balancing the diverse demands of your business, your family, and your shareholders means taking extra effort. Here authors Aronoff and Baskin discuss the different styles of leadership and what style might work with what family member—including the Directing Leader; the Coaching Leader; the Counseling Leader; and the Delegating Leader.


Effective Leadership in the Family Business

Effective Leadership in the Family Business

Author: C. Aronoff

Publisher: Springer

Published: 2017-07-03

Total Pages: 98

ISBN-13: 1137514949

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Identifying and developing leaders in a family business can be more difficult than traditional business. Here Aronoff and Baskin discuss the different styles of leadership and what style might work with what family member including the Directing Leader, the Coaching Leader, the Counseling Leader and the Delegating Leader.


Book Synopsis Effective Leadership in the Family Business by : C. Aronoff

Download or read book Effective Leadership in the Family Business written by C. Aronoff and published by Springer. This book was released on 2017-07-03 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifying and developing leaders in a family business can be more difficult than traditional business. Here Aronoff and Baskin discuss the different styles of leadership and what style might work with what family member including the Directing Leader, the Coaching Leader, the Counseling Leader and the Delegating Leader.


9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses

9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses

Author: Allen Fishman

Publisher: Mcgraw-hill

Published: 2008-09-12

Total Pages: 304

ISBN-13: 9780071548410

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Running a family business is like running any other business--with the addition of many extra challenges. A family-owned enterprise involves unique management, compensation, hiring, and other business issues regarding family member employees. 9 Elements of Family Business Success addresses the specific challenges faced by owners of family businesses, and it shows family members employed in the business how to enjoy their positions while helping the organization reach its highest potential. Every relationship between family members comes with its own unique set of dynamics. When transferred into the workplace, these dynamics introduce emotional factors and hot buttons that can make or break the business. In this comprehensive guide, Allen E. Fishman spotlights all the challenges such organizations face and provides practical advice for creating your own strategy to meet them--and strengthen relationships within the family, as well. Fishman provides solutions to the problems unique to a family-run business, along with handy checklists to ensure you're covering all the angles. You'll learn how to: Create a written policy for hiring, reviewing, and terminating family member employees Avoid family relationship tension regarding compensation Choose a successor and create a succession development plan Ensure good results-driven family communication and dynamics Maintain healthy spousal relations when you work together Recruit and retain talented non-family member employees 9 Elements of Family Business Success contains detailed case studies of specific challenges faced by real family business owners and employees. Each one explains how the owner or employee identified the problem and the steps he or she took to solve it. Apply Fishman's advice, and you'll experience all the benefits and avoid the pitfalls that come with running a family business.


Book Synopsis 9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses by : Allen Fishman

Download or read book 9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses written by Allen Fishman and published by Mcgraw-hill. This book was released on 2008-09-12 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Running a family business is like running any other business--with the addition of many extra challenges. A family-owned enterprise involves unique management, compensation, hiring, and other business issues regarding family member employees. 9 Elements of Family Business Success addresses the specific challenges faced by owners of family businesses, and it shows family members employed in the business how to enjoy their positions while helping the organization reach its highest potential. Every relationship between family members comes with its own unique set of dynamics. When transferred into the workplace, these dynamics introduce emotional factors and hot buttons that can make or break the business. In this comprehensive guide, Allen E. Fishman spotlights all the challenges such organizations face and provides practical advice for creating your own strategy to meet them--and strengthen relationships within the family, as well. Fishman provides solutions to the problems unique to a family-run business, along with handy checklists to ensure you're covering all the angles. You'll learn how to: Create a written policy for hiring, reviewing, and terminating family member employees Avoid family relationship tension regarding compensation Choose a successor and create a succession development plan Ensure good results-driven family communication and dynamics Maintain healthy spousal relations when you work together Recruit and retain talented non-family member employees 9 Elements of Family Business Success contains detailed case studies of specific challenges faced by real family business owners and employees. Each one explains how the owner or employee identified the problem and the steps he or she took to solve it. Apply Fishman's advice, and you'll experience all the benefits and avoid the pitfalls that come with running a family business.


Myths and Mortals

Myths and Mortals

Author: Andrew Keyt

Publisher: John Wiley & Sons

Published: 2015-07-07

Total Pages: 224

ISBN-13: 1118928962

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Establish credibility as the new family business leader Myths & Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses. Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here—to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader's vision. You'll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business. Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs. Overcome the obstacles successors commonly face Win over those still loyal to their former leader Build your own credibility, separate from your parents Develop your own leadership style and do business your way Credibility is elemental to business leadership, but establishing that credibility is the successor's biggest challenge. Myths & Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate.


Book Synopsis Myths and Mortals by : Andrew Keyt

Download or read book Myths and Mortals written by Andrew Keyt and published by John Wiley & Sons. This book was released on 2015-07-07 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Establish credibility as the new family business leader Myths & Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses. Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here—to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader's vision. You'll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business. Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs. Overcome the obstacles successors commonly face Win over those still loyal to their former leader Build your own credibility, separate from your parents Develop your own leadership style and do business your way Credibility is elemental to business leadership, but establishing that credibility is the successor's biggest challenge. Myths & Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate.


The Leader in Me

The Leader in Me

Author: Stephen R. Covey

Publisher: Simon and Schuster

Published: 2012-12-11

Total Pages: 218

ISBN-13: 147110446X

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Children in today's world are inundated with information about who to be, what to do and how to live. But what if there was a way to teach children how to manage priorities, focus on goals and be a positive influence on the world around them? The Leader in Meis that programme. It's based on a hugely successful initiative carried out at the A.B. Combs Elementary School in North Carolina. To hear the parents of A. B Combs talk about the school is to be amazed. In 1999, the school debuted a programme that taught The 7 Habits of Highly Effective Peopleto a pilot group of students. The parents reported an incredible change in their children, who blossomed under the programme. By the end of the following year the average end-of-grade scores had leapt from 84 to 94. This book will launch the message onto a much larger platform. Stephen R. Covey takes the 7 Habits, that have already changed the lives of millions of people, and shows how children can use them as they develop. Those habits -- be proactive, begin with the end in mind, put first things first, think win-win, seek to understand and then to be understood, synergize, and sharpen the saw -- are critical skills to learn at a young age and bring incredible results, proving that it's never too early to teach someone how to live well.


Book Synopsis The Leader in Me by : Stephen R. Covey

Download or read book The Leader in Me written by Stephen R. Covey and published by Simon and Schuster. This book was released on 2012-12-11 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Children in today's world are inundated with information about who to be, what to do and how to live. But what if there was a way to teach children how to manage priorities, focus on goals and be a positive influence on the world around them? The Leader in Meis that programme. It's based on a hugely successful initiative carried out at the A.B. Combs Elementary School in North Carolina. To hear the parents of A. B Combs talk about the school is to be amazed. In 1999, the school debuted a programme that taught The 7 Habits of Highly Effective Peopleto a pilot group of students. The parents reported an incredible change in their children, who blossomed under the programme. By the end of the following year the average end-of-grade scores had leapt from 84 to 94. This book will launch the message onto a much larger platform. Stephen R. Covey takes the 7 Habits, that have already changed the lives of millions of people, and shows how children can use them as they develop. Those habits -- be proactive, begin with the end in mind, put first things first, think win-win, seek to understand and then to be understood, synergize, and sharpen the saw -- are critical skills to learn at a young age and bring incredible results, proving that it's never too early to teach someone how to live well.


Family Champions and Champion Families

Family Champions and Champion Families

Author: Joshua Nacht

Publisher:

Published: 2018-08-15

Total Pages: 158

ISBN-13: 9780692162804

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Family business: Is it your livelihood? Your legacy? Both? Regardless of your level of involvement, you want the enterprise to succeed and endure. Successful businesses often struggle to remain viable against uncertain economic times, technological advances, shifting consumer preferences, and volatile markets-even without the complexity of dealing with family members. And some family businesses manage to flourish through multiple generations despite these challenges. What makes them different? More important, how can you learn from the experiences of what we call champion family businesses? These successful family businesses take a long view, investing in the company's development for future success. The champion family concept is linked to the family champion, a family owner who acts as a catalyst to help other family members become more effective. In order to facilitate significant development and change throughout the family, family champions engage and inspire the family to work collectively to sustain their legacy. Ultimately, family champions create champion families. This book offers clear examples, practice tips and specific advice to start working on championship elements in your family. Each chapter ends with questions for you to consider, based on the material you've just read, to stimulate your thinking about championship ideas and issues related to your situation. The wisdom from these winning families and their stories can guide you around common obstacles and provide inspiration to your business family, regardless of its size or complexity. "This book opens new ground in the story of the success of multi-generational family business. Its focus is on the nature of innovation and resilience energy in the family, and how it often flows not from top to bottom, or from the old to the new. It is often the spirit and dedication of the newer 'rising' generations that fuels productive change and renewal. Through case studies that highlight the authors' research, this book shows how families invest in innovation by investing in the human resources of each new generation."Dennis Jaffe, Ph.D., Family Advisor, Wise Counsel Research "Every successful family business will better see the critical roles of the Family Champion behind their success. Reading this book will help assure the conditions for Family Champions to exercise their precious leadership for the long-term continuity of their family's enterprise. The lessons of successful families will resonate with you and encourage you. The book's stories and graphics will stick with you."John L. Ward, Ph.D., Clinical Professor Emeritus at Kellogg Center for Family Enterprises and Co-founder of The Family Business Consulting Group


Book Synopsis Family Champions and Champion Families by : Joshua Nacht

Download or read book Family Champions and Champion Families written by Joshua Nacht and published by . This book was released on 2018-08-15 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Family business: Is it your livelihood? Your legacy? Both? Regardless of your level of involvement, you want the enterprise to succeed and endure. Successful businesses often struggle to remain viable against uncertain economic times, technological advances, shifting consumer preferences, and volatile markets-even without the complexity of dealing with family members. And some family businesses manage to flourish through multiple generations despite these challenges. What makes them different? More important, how can you learn from the experiences of what we call champion family businesses? These successful family businesses take a long view, investing in the company's development for future success. The champion family concept is linked to the family champion, a family owner who acts as a catalyst to help other family members become more effective. In order to facilitate significant development and change throughout the family, family champions engage and inspire the family to work collectively to sustain their legacy. Ultimately, family champions create champion families. This book offers clear examples, practice tips and specific advice to start working on championship elements in your family. Each chapter ends with questions for you to consider, based on the material you've just read, to stimulate your thinking about championship ideas and issues related to your situation. The wisdom from these winning families and their stories can guide you around common obstacles and provide inspiration to your business family, regardless of its size or complexity. "This book opens new ground in the story of the success of multi-generational family business. Its focus is on the nature of innovation and resilience energy in the family, and how it often flows not from top to bottom, or from the old to the new. It is often the spirit and dedication of the newer 'rising' generations that fuels productive change and renewal. Through case studies that highlight the authors' research, this book shows how families invest in innovation by investing in the human resources of each new generation."Dennis Jaffe, Ph.D., Family Advisor, Wise Counsel Research "Every successful family business will better see the critical roles of the Family Champion behind their success. Reading this book will help assure the conditions for Family Champions to exercise their precious leadership for the long-term continuity of their family's enterprise. The lessons of successful families will resonate with you and encourage you. The book's stories and graphics will stick with you."John L. Ward, Ph.D., Clinical Professor Emeritus at Kellogg Center for Family Enterprises and Co-founder of The Family Business Consulting Group


Leadership

Leadership

Author: Steve Williams

Publisher:

Published: 2016-02-20

Total Pages: 58

ISBN-13: 9780692646847

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Are You Tired of Struggling to Get People to Listen to You and Follow You? Then Keep Reading Below to Learn How to Become a Successful Leader Many people are led to believe that you are either born a leader and have the skills or that you don't. Imagine this scenario, you have recently received a promotion at your job and have been given much more responsibility. Leading people happens to be a larger one of these responsibilities. So you go about your job assuming you have all the skills necessary to create a great working environment for a team and what happens? You aren't successful, your team doesn't show you the respect you deserve, and in the end you lose your promotion or worse. This can easily happen even when you are more than qualified to be in a leadership position if you don't fully understand what it takes to be a successful leader. Consequently, if you don't lead correctly people will resent you, things will run inefficiently, unorganized, and ultimately you won't reach your goals. So it is very important to spend time learning exactly how to be a great leader. Many people realize this, but don't have any idea what to do to give themselves the extra edge. The truth of the matter is if you are having trouble leading effectively in a way that makes people want to follow you it is because you are lacking effective techniques and strategies on exactly what to do. This book has step by step advice that will maximize your potential and teach you to lead like you were born to! A Preview of What You Will Learn How to Lead Like a PRO! Exactly What Defines a True Leader The Top 20 Leadership Success Tips What Separates Those That Fail vs Those That Succeed Proven Leadership Strategies and Techniques Much, much more! Here Are Some Tips Straight From the Book - A true leader does not need to use threats to get people to follow them. Instead, a true leader leads by example. If a leader wants those they are leading to have a certain standard then they set that standard and stick to it. They do not allow themselves to fall below that standard and by doing so, they are showing those who are following them that not only is it possible to reach that standard, but it is possible to maintain it as well. - To be a great leader, you are going to have to make some changes within yourself. The first step is understanding that the changes need to be made with you, not with those you are leading. By making the changes within yourself, you will find that those you are leading will make the changes needed as well. - What it all boils down to is that you have to know how to relate to people, how to understand people, how to motivate them, and how to keep people's attention. More than anything, you need to know how to take control of yourself, your own life, your own job, and your own emotions. If you can successfully convey this in an honest and straightforward way then people will WANT to follow you. Take charge of your life today and buy this book while it is being offered at an introductory price!


Book Synopsis Leadership by : Steve Williams

Download or read book Leadership written by Steve Williams and published by . This book was released on 2016-02-20 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are You Tired of Struggling to Get People to Listen to You and Follow You? Then Keep Reading Below to Learn How to Become a Successful Leader Many people are led to believe that you are either born a leader and have the skills or that you don't. Imagine this scenario, you have recently received a promotion at your job and have been given much more responsibility. Leading people happens to be a larger one of these responsibilities. So you go about your job assuming you have all the skills necessary to create a great working environment for a team and what happens? You aren't successful, your team doesn't show you the respect you deserve, and in the end you lose your promotion or worse. This can easily happen even when you are more than qualified to be in a leadership position if you don't fully understand what it takes to be a successful leader. Consequently, if you don't lead correctly people will resent you, things will run inefficiently, unorganized, and ultimately you won't reach your goals. So it is very important to spend time learning exactly how to be a great leader. Many people realize this, but don't have any idea what to do to give themselves the extra edge. The truth of the matter is if you are having trouble leading effectively in a way that makes people want to follow you it is because you are lacking effective techniques and strategies on exactly what to do. This book has step by step advice that will maximize your potential and teach you to lead like you were born to! A Preview of What You Will Learn How to Lead Like a PRO! Exactly What Defines a True Leader The Top 20 Leadership Success Tips What Separates Those That Fail vs Those That Succeed Proven Leadership Strategies and Techniques Much, much more! Here Are Some Tips Straight From the Book - A true leader does not need to use threats to get people to follow them. Instead, a true leader leads by example. If a leader wants those they are leading to have a certain standard then they set that standard and stick to it. They do not allow themselves to fall below that standard and by doing so, they are showing those who are following them that not only is it possible to reach that standard, but it is possible to maintain it as well. - To be a great leader, you are going to have to make some changes within yourself. The first step is understanding that the changes need to be made with you, not with those you are leading. By making the changes within yourself, you will find that those you are leading will make the changes needed as well. - What it all boils down to is that you have to know how to relate to people, how to understand people, how to motivate them, and how to keep people's attention. More than anything, you need to know how to take control of yourself, your own life, your own job, and your own emotions. If you can successfully convey this in an honest and straightforward way then people will WANT to follow you. Take charge of your life today and buy this book while it is being offered at an introductory price!


Getting Along in Family Business

Getting Along in Family Business

Author: Edwin A. Hoover

Publisher: Routledge

Published: 2013-08-21

Total Pages: 272

ISBN-13: 1136782958

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This is a guide for business owning families and their professional advisors. The authors argue that the single most important factor to the success of any business is relationship intelligence. The book aims to demonstrate how improved relationships translate into more effective leadership, ownership and ethics in business.


Book Synopsis Getting Along in Family Business by : Edwin A. Hoover

Download or read book Getting Along in Family Business written by Edwin A. Hoover and published by Routledge. This book was released on 2013-08-21 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a guide for business owning families and their professional advisors. The authors argue that the single most important factor to the success of any business is relationship intelligence. The book aims to demonstrate how improved relationships translate into more effective leadership, ownership and ethics in business.


Generation to Generation

Generation to Generation

Author: Kelin E. Gersick

Publisher: Harvard Business Press

Published: 1997

Total Pages: 316

ISBN-13: 087584555X

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Generation to Generation will help managers understand the special dynamics & challenges that family businesses face as they move through their life cycles. It explains how to handle succession, & the role of non-family professionals.


Book Synopsis Generation to Generation by : Kelin E. Gersick

Download or read book Generation to Generation written by Kelin E. Gersick and published by Harvard Business Press. This book was released on 1997 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generation to Generation will help managers understand the special dynamics & challenges that family businesses face as they move through their life cycles. It explains how to handle succession, & the role of non-family professionals.


Parents Who Lead

Parents Who Lead

Author: Stewart D. Friedman

Publisher: Harvard Business Press

Published: 2020-03-10

Total Pages: 228

ISBN-13: 1633696510

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How working parents can lead more purposeful lives, characterized by harmony, connection, and impact. Parents in today's fast-paced, disorienting world can easily lose track of who they are and what really matters most. But it doesn't have to be this way. As a parent, you can harness the powerful science of leadership in order to thrive in all aspects of your life. Drawing on the principles of his book Total Leadership--a bestseller and popular leadership development program used in organizations worldwide--and on their experience as researchers, educators, consultants, coaches, and parents, Stew Friedman and coauthor Alyssa Westring offer a robust, proven method that will help you gain a greater sense of purpose and control. It includes tools illustrated with compelling examples from the lives of real working parents that show you how to: Design a future based on your core values Engage with your children in fresh, meaningful ways Cultivate a community of caregiving and support, in all parts of your life Experiment to discover better ways to live and work Powerful, practical, and indispensable, Parents Who Lead is the guide you need to forge a better future, foster meaningful and mutually rewarding relationships, and design sustainable solutions for creating a richer life for yourself, your children, and your world. For more information, visit ParentsWhoLead.net.


Book Synopsis Parents Who Lead by : Stewart D. Friedman

Download or read book Parents Who Lead written by Stewart D. Friedman and published by Harvard Business Press. This book was released on 2020-03-10 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: How working parents can lead more purposeful lives, characterized by harmony, connection, and impact. Parents in today's fast-paced, disorienting world can easily lose track of who they are and what really matters most. But it doesn't have to be this way. As a parent, you can harness the powerful science of leadership in order to thrive in all aspects of your life. Drawing on the principles of his book Total Leadership--a bestseller and popular leadership development program used in organizations worldwide--and on their experience as researchers, educators, consultants, coaches, and parents, Stew Friedman and coauthor Alyssa Westring offer a robust, proven method that will help you gain a greater sense of purpose and control. It includes tools illustrated with compelling examples from the lives of real working parents that show you how to: Design a future based on your core values Engage with your children in fresh, meaningful ways Cultivate a community of caregiving and support, in all parts of your life Experiment to discover better ways to live and work Powerful, practical, and indispensable, Parents Who Lead is the guide you need to forge a better future, foster meaningful and mutually rewarding relationships, and design sustainable solutions for creating a richer life for yourself, your children, and your world. For more information, visit ParentsWhoLead.net.