Let's Talk Legacy
The Enduring Enterprise Pt. 2, with Devin DeCiantis and Ivan Lansberg
Feb 5, 2025
Devin DeCiantis and Ivan Lansberg, both experts in family business advising and co-authors of "The Enduring Enterprise," share valuable insights on navigating the challenges family businesses face. They discuss the implications of recent U.S. elections on these enterprises and reveal seven strategies for resilience. The conversation dives into the importance of legacy, balancing personal and professional identities, and the significance of adaptability in a changing world. Their expertise aims to inspire future generations in preserving and enhancing their family businesses.
17:58
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Quick takeaways
- Family businesses must prioritize resilience through stabilizing strategies, adaptability, and thoughtful contingency planning to navigate turbulent conditions effectively.
- The significance of legacy for family businesses lies in balancing core principles with contemporary values while fostering strong relationships and a collective identity.
Deep dives
Defining Legacy
Legacy embodies various meanings, including integrity, community impact, and personal assurance in uncertain circumstances. It is described as a mindset shared among individuals committed to growth for future generations. The significance of legacy is emphasized in the context of family businesses and their evolution to reflect contemporary values while preserving core principles. Such adaptability ensures that legacies not only honor the past but also remain relevant amidst changing societal landscapes.
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