(LOS ANGELES, September 13, 2016) — Worldwide Business with kathy ireland® announces an exclusive interview featuring Continuity Family Business Consulting’s Founding Partner, Doug Baumoel, and Managing Partner, Blair Trippe. This feature story will cover how Continuity’s team of business advisors guides enterprising families confronting the myriad of challenges in sharing ownership, wealth and power together.
Owning a business can be a dynamic and highly rewarding endeavor. However, when it is undertaken with family members it can become complex and stressful due to the inherent conflicts that are unique in family businesses. Continuity has helped scores of enterprising families and their companies – from small and middle market businesses to billion dollar families – navigate the challenges of shared management, ownership and economic interests. When continuing relationships matter, their approach targets both family harmony and business success.
With expertise in business and family systems, the Continuity Family Business Consulting team believes that the most critical success factor for family enterprises is their ability to successfully manage the inherent conflicts of owning and working together.
Continuity integrates conflict management into each of their comprehensive services – from corporate and family governance, succession planning and wealth integration to leadership and organizational development. They help families that are fighting, in litigation, or simply stuck and unable to move forward.
“Continuity Family Business Consulting is more than a consulting firm,” notes J.L. Haber, Vice President of Programming. “They understand the unique dynamics of a family and how difficult it can be for families to work with one another on a professional level. Having developed a powerful approach to addressing this unique yet widely prevalent type of business system, they respond with what it takes to make a family business successful.
“When families go to war over business, wealth or power, or when family issues overwhelm sound economic decision-making, everyone loses,” explains Continuity Founding Partner Doug Baumoel. “From our perspective, the conflict inherent in family businesses has historically been poorly understood until now; how that conflict is managed can be the difference between success and failure.”
“Too often families get stuck, and are unable to make good decisions together in a timely manner. Or, worse yet, they get into conflict over their shared assets,” says Blair Trippe, Continuity Managing Partner. “We work to ensure that family stakeholders are fully prepared and supported to serve as responsible owners and potential managers of their shared business and wealth. At the same time, we help to better align the business enterprise and shared wealth with the needs of the family and its legacy.
“Worldwide Business with kathy ireland®” reaches a global audience of innovators and executive leaders. They are eager for fresh perspectives on a range of issues affecting the growth and development of family enterprise,” adds Doug Baumoel. It is important to Continuity to have an opportunity through this program to draw attention to the importance of family businesses and the contribution they make to the global economy.
In addition, Doug Baumoel and Blair Trippe have published a new book, Deconstructing Conflict: Understanding Family Business, Shared Wealth and Power (DeconstructConflict.com), which draws upon their fifteen years of experience perfecting the method they call, “The Conflict Equation.” For more information, tune into Fox Business Network as sponsored programming at 5:30pm EST and Bloomberg International at 7:30am GMT, 10:30am D.F. and 3:00pm HKT on Sunday, September 18, 2016.
About Worldwide Business with kathy ireland®
Worldwide Business with kathy ireland® is a weekly business television program featuring real-world insights from corporate executives from all over the globe which can be viewed on Fox Business Network as part of their sponsored programming lineup, as well as internationally to over 50 countries on Bloomberg International.
Visit www.tvwwb.com for detailed airing schedules or check your local listings.
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