Knowing your family is the key to business success.
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After over 25 years of teaching family businesses around the world, we have seen some outstanding business families who understand and use professional planning tools to help their families and businesses perform better.
But many families still neglect addressing their family plans because they know the issues are emotional and they do not want to risk potentially explosive conversations. The reason that many business families do not plan for their journey together is that the process is time consuming, dangerous, and complex. |
We teach and coach enterprising families to strengthen their relationships and sustain their economic performance.
“Families are about emotions and caring, and businesses are about profit and performance, not a likely partnership.”
Family and Business Learning is a new educational approach for family enterprises, business families, entrepreneurs, and the professionals who support them. Launched in 2018 by Professor Randel S. Carlock and Keng-Fun Loh, the goal is to broaden the reach of new learning platforms with tools that accelerate learning and build learning communities based on each family or business’s unique situation, rather than best practices and theories developed by business schools and consultants. The learning focuses on the social tasks of leadership, talent development and human relationships rather than the technical and business tasks.
What our clients say
" A world class program, with great professionals as well as true deep human being. A must do ! Come and join the community!" |
"A wonderful set of tools, well thought out and creative, to use with my business family clients." |
"A must for all family business consultants who want their business to be state of the art. Taught by the world's best thought leaders.” |
This article followed Prof Carlock's webinars on Family Business Leaders as Dealers in Hope for The Family Business Network and YPO in May. It shares five behaviors for leading family businesses in a crisis.
FFI Practitioner: Launching the enhanced Parallel Planning Process
Launching the Parallel Planning Process: Aligning family and business systems
FFI Practitioner article by Randel Carlock and Keng Fun Loh Introducing the three implementation tasks that help business families benefit from the enhanced Parallel Planning Process
4 Experts Weigh In On Innovation As A Business Imperative
By Victoria Harres, YPO
The Family Business Voice podcast episode with Randel Carlock
The Family Business Voice podcast episode with Randel Carlock is officially live! He talks about the importance of the Parallel Planning Process, the critical task of developing talent within family businesses, and why we should think of family businesses as family enterprises.
The Family Business Voice podcast episode with Randel Carlock is officially live! He talks about the importance of the Parallel Planning Process, the critical task of developing talent within family businesses, and why we should think of family businesses as family enterprises.
A Family Business on the Moon – Lessons from the Author Prof. Randel Carlock
by Tony Sekulich
Tharawat Magazine speaks with Randel Carlock about his new book A Family Business on the Moon, the importance of the Parallel Planning Process (PPP), the critical task of developing talent within family businesses, and why we should think of family businesses as family enterprises.
Tharawat Magazine speaks with Randel Carlock about his new book A Family Business on the Moon, the importance of the Parallel Planning Process (PPP), the critical task of developing talent within family businesses, and why we should think of family businesses as family enterprises.
New book encourages family businesses to think like space travelers
Next generation family business planning requires a step-by-step approach not unlike planning a trip to the moon.
Successful Family Firms Shoot for the Moon
Planning a space venture is similar to how audacious family firms plot ambitious futures.
THE PARALLEL PLANNING PROCESS.
Parallel Planning Process
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Encouraging family interaction is the most important feature of the book’s learning experience because it starts with individual thinking but stimulates the family’s participation in each learning activity.
The Parallel Planning Process (PPP) helps families align their values, vision, strategy, investment and governance for the benefit of both the family and the business.
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The Parallel Planning Process (PPP) Map provides the framework for family and business planning with 8 action steps. |
The Family and Business Parallel Planning Process Map
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