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Theme: A Daughter Successfully Manages Business Change Summary: Elizabeth Blount McCormick describes how she took over her mother’s business and introduced the changes and culture that have helped the business continue to thrive. Featured Guest: Elizabeth Blount McCormick, President and Owner of Uniglobe Travel Designers Website: www.uniglobetraveldesigners.com Key Quotes: “My sister and I had a call with my mom, who was thinking of selling the business. We told her ‘Don’t sell…we’d like to work in the company. Give us a chance.’” “A lot of people my mom hired had watched me grow up. It was challenging. I had so much to learn and to prove. But I was also bringing in a lot of the best practice I had learned. My sister and I had to change the culture, and our mom allowed us to change things.” “We’ve had some millenials come here—and I tell them the world is their oyster, but they have to work hard. I try to lead by example. I’m trying to bring on the right people-you’ve got to surround yourself with people who are smarter-people who are eager and ready to go.” The post How to Work Happily with your Mom and Grow her Business | Elizabeth Blount McCormick | Episode 049 first appeared on Daughters In Charge.

Theme: The Importance of Trusting Your Advisor Summary: Selecting an advisor who protects your interests is crucial for women in family businesses. Holly Isdale discusses how women in family businesses can learn to protect their information-and themselves. Featured Guest: Holly Isdale: Founder and Strategist for Wealthaven, a consulting firm which serves very wealthy families and family businesses and helps them implement their goals. Website: www.wealthaven.com Key Quotes: “In family businesses, really good estate plans can fall short or get outdated very quickly. They’re designed with one goal in mind: preserve the family business. This creates this awful dilemma…not thinking about the implications for the beneficiaries.” “For younger women, it’s about knowing yourself, how you make decisions, and how you maximize your voice in the process.” “I’m a big believer that you should understand the landscape (of advisors)-meeting with other advisors, lawyers…not your father’s. It’s important for daughters to understand where the conflicts lie and where the allegiances lie.” The post What to Look for in an Advisor | Holly Isdale | Episode 047 first appeared on Daughters In Charge.

Theme: The Best Preparation for Becoming CEO Summary: Tacy Byham, an industrial/organizational psychologist like her dad, is now CEO of DDI, a global talent management organization. She describes her thorough preparation for the role of CEO. Featured Guest: Tacy Byham, CEO of DDI and co-author of “Your First Leadership Job: How Catalyst Leaders Bring Out the Best in Others.” Website: www.ddiworld.com Key Quotes: “Authenticity as a trait is a behavior that we can display to others. People see that and know whether they can trust you.” “Research tells us that more stress comes from getting promoted. That challenge is absolutely real.” “If you’d like your children to become part of the family business …be careful about what behaviors they’re observing!” The post What It Takes to Prepare a CEO | Tacy Byham | Episode 046 first appeared on Daughters In Charge.

Theme: Deciding to Work for Your Mom Summary: Sadie Ferguson, a social worker now working in her mother’s successful flower shop, describes how working with her mother is allowing her to develop her interests and passions and nurturing her entrepreneurial spirit as well. Featured Guest: Sadie Ferguson, Robin Wood Flowers Contact:  sadie@robinwoodflowers.com Website: www.robinwoodflowers.com Key Quotes: “The challenge for me was determining if I was ready to change my work identity, from social work to entrepreneurship.” “My mom and I are good friends; I worried that some of that would be threatened when I joined. It’s interesting getting to know her as a professional, not just as my mom.” “I’m satisfied, and I have an entrepreneurial spirit that is growing…and I didn’t know that that would happen.” The post How working for your Mom can be a great career move | Sadie Ferguson | Episode 045 first appeared on Daughters In Charge.

Theme: How your image affects your business Summary: Kristie Sheanshang, a private banker-and an image consultant-discusses how your professional image can make a difference in how you feel at work, and how others do, too. Featured Guest: Kristie Sheanshang, stylist, speaker, and private banker Contact:  www.dare4flair.com Key Quotes: “You might be tempted to fit in with your team, but as a leader, you might be better off dressing to a higher standard-not business casual.” “Boundaries are a big part of my life. I try to be present when I’m home. I outsource tasks I don’t like.” “So many times in bank meetings, daughters don’t speak up. Prepare some questions, be involved, get on the agenda. Advisors are a resource. They would love to help you-but often don’t know how.” The post A banker-and an image consultant-discusses how your professional image affects your business-and you | Kristie Sheanshang| Episode 044 first appeared on Daughters In Charge.

Theme: How a Daughter Became a President Summary: Kristy Knichel, President of Knichel Logistics, discusses what she learned from her dad, and what led her to make the choices that have helped the company adapt and thrive. Featured Guest: Kristy Knichel Contact:  724-449-3300, ext. 222 or kknichel@knichellogistics.com Key Quotes: “I felt like I always had something to prove to my dad; there were times when even customers and vendors didn’t want to work with me because I’m a woman in a male-dominated industry.”  “There’s a way to get the job done and be respectful about it.  I tell people we’re successful because of our employees. They’re more valuable than anything. I consider our employees and our vendors our customers.”  “My husband was a stay-at-home father for two years; now he has his own business. We take turns.  We have a 50/50 agreement-it was our agreement before we had our son.  The post How a Daughter Became a President | Kristy Knichel | Episode 043 first appeared on Daughters In Charge.

Theme: The Emerging Role of the Family Champion Summary: Dr. Joshua Nacht discusses his research on what he calls “the family champion”, and the impact of this role on supporting the family relationships and connections that help to perpetuate and sustain business families. Featured Guest: Dr. Joshua Nacht, steward, scholar, and family business consultant Contact:  Ph: 303-868-5517 email: jonacht@gmail.com. Key Quotes: “The family champion is not a leader of the business; it’s a family member who says ‘we can do better’ and takes a more active and engaged role as an owner. That aspect of taking initiative is key.” “In my research, the gender of the family champion didn’t matter; the right person emerged for their family.” “Family systems evolve over time. They’re not static. We have to appreciate where the family is now.” The post How a Family Champion Can Benefit Your Family Enterprise | Dr. Joshua Nacht| Episode 042 first appeared on Daughters In Charge.

Theme: Grooming a Daughter to Take Over Summary: A father and daughter discuss the experiences and choices that led them to work together and to prepare her to take over the family business. Featured Guest: Sarah Dunser and Tony Dunser Organization: True Grit Inc. Website: www.truegritinc.net Contact:  truegrit2@cableone.net Photo: Photo by: Luisa Porter/Columbus Dispatch Staff Key Quotes: Sarah: “I asked my dad, what would it take for me to run the business, and he said ‘get a degree, any degree’. So I got my degree in chemical engineering.” Tony: “We tried to groom her from day 1 to take on to take over my job. She’s always had an interest…she’s not a girly girl; getting her hands dirty is not a problem.” Sarah: “I hope I can grow the business, I hope we can hire more people, take in more work, and provide better customer service. I pay attention to detail now-are we doing the job right, are we making money or losing money-I see a lot more now.” Tony: “I hope Sarah gets us into a different field of work. With Sarah’s background and effort that she can get us into new areas. She has brought an intellect into this company that we’ve never had.” The post How a Father is Encouraging his Daughter to Lead the Family Business | Sarah & Tony Dunser| Episode 041 first appeared on Daughters In Charge.

Theme: What Daughters Can Offer to Family Businesses Summary: Amy Schuman discusses the paradoxes that family businesses manage, how dealing with them can lead to business success, and the role that daughters can play in the process. Featured Guest: Amy Schuman, Family Business Advisor and Author Organization: The Family Business Consulting Group Website: www.thefbcg.com Book: Family Business as Paradox Contact:  schuman@thefbcg.com Key Quotes: “Paradox is a hot topic now…family businesses ARE a paradox: head and heart, love and performance…two seeming opposites that can be complementary….you can gain so much in the process of wrestling with them.” “There are certainly still many family businesses where the participation of women in the operations is not yet happening, or is happening for the first time.  I’m super conscious that these women are pioneers.” “What shifts when women join the conversation? What could daughters bring that’s special and different?  The power of calm-of support, of time.” The post The Unique Advantage of Working in a Family Business | Amy Schuman | Episode 040 (Encore) first appeared on Daughters In Charge.

Theme: Managing Personal and Business Challenges Summary: Karen Buchwald Wright, President and CEO of Ariel Corporation, describes the structure she put in place when she took over her family’s business and how she is preparing her sons to lead as well. Featured Guest: Karen Buchwald Wright, President and CEO Organization: Ariel Corporation Key Quotes: “When you are the second generation, your challenge is have a structure and leadership. That was the real thing I had to figure out. None of that structure existed. There were some hurt feelings.” “When you take over a business..people aren’t going to trust you right away-and vice versa. There’s a lot of turf-guarding that goes on.” “One of things I wanted to do with the boys, was to have them have the experience working outside the business…to have a couple of bad bosses, to know what it’s like to be an employee and not an owner, and to not feel as if they’re just the kid.” If you like this podcast, I invite you to leave a review and rating on iTunes by clicking HERE and on Stitcher HERE!The post How Establishing a Structure Can Help You Manage Personal and Business Challenges | Karen Buchwald Wright | Episode 039 (Encore) first appeared on Daughters In Charge.

Theme: From Daughter to CEO and Philanthropist Summary: Karen Buchwald Wright describes the choices she made and the way her values have guided her decisions at home, at work, and in her community. Featured Guest: Karen Buchwald Wright, President and CEO Organization: Ariel Corporation Key Quotes: “The very first thing I did was to insist that we get a computer for our accounting department.  The operations person fought me tooth and nail.” “If you want to stay home with your children…there is nothing wrong with that. When you get back in the workforce, you’ll have more skills than virtually anyone else. You’re a manager, you’re a psychologist, you’re a disciplinarian, you’re a leader, you’re a time manager.  It’s a real job that requires you to learn on the job and learn a lot and learn it fast.” “I think it’s really important that when you are fortunate and you are successful, it’s important to give back.” If you like this podcast, I invite you to leave a review and rating on iTunes by clicking HERE and on Stitcher HERE!The post How a Daughter Became CEO of a Major Corporation and Revitalized her Community | Karen Buchwald Wright | Episode 38 (Encore) first appeared on Daughters In Charge.

Theme: Returning to Reinvent the Family Farm Summary: A farmer’s daughter takes 40 acres from her family’s farm and turns it into a thriving fruit and vegetable business. Featured Guest: Rose Robson Contact: www.robsonsfarm.com Key Quotes: “Sometimes I feel like I was “late to the game”…I thought I was so old-at 26! But I learned so many things about customer service and delivering value when I worked in pharmaceutical sales.” “I’m finding my management role. This year I’ve started to transition that way. Next year I would love to have more employees-in business you have so many ideas and creative thoughts. It’s hard to bring them to fruition when you are constantly in the field picking.” “Farming’s a special legacy…and I’m an only child. I didn’t want it to end with me. You have to step up…you have to do it!” The post A Farmer’s Daughter Becomes an Entrepreneur as well as a Farmer | Rose Robson | Episode 037 first appeared on Daughters In Charge.

Theme: When Your Family Business Becomes Your Identity Summary: A daughter in her family’s lumber business finds satisfaction and fun as she develops her leadership role within the business and in her community. Featured Guest: Ann Marie Chilcutt, New Home Building Stores Contact: annmarie@newhomebuilding.net  Key Quotes:  “No day is the same…which is something that I love so much.  I can be in sales all day…or traveling around to different sites..or learning payroll and all the behind the scenes stuff.   I tell people I do what needs to be done.”   “Everywhere I go, I realize that I’m not Ann-Marie Chillcut anymore-I’m New Home Building Stores.  There are not a lot of young people in Columbus (Mississippi).  People see me as a future leader of the city.” “Working with men is a huge adjustment-for them.  These men have never worked with a woman before.  They don’t know if you’re going to be a prissy person or if you’re going to work hard. The men that I now work with are becoming some of my greatest friends.” The post A Daughter Discovers the Value of her Communication Skills in her Family’s Business and in Her Community | Ann Marie Chilcutt | Episode 036 first appeared on Daughters In Charge.

Theme: Essential Insights about Family Business Succession Summary: Andrew Keyt, an expert on family businesses and a well-known author, leader, and consultant, shares insights from his new book, Myths and Mortals: Family Business Leadership and Succession Planning. Featured Guest: Andrew Keyt, Director of the Family Business Center of Loyola University of Chicago’s Quinlan School of Business His Book: Myths and Mortals: Family Business Leadership and Succession Planning His Website: http://andrewkeyt.com/ Key Quotes: “The shadows of parents in a family business can be very daunting.  You’re born into a story that’s already being told about how mythic their successes are.  It’s hard for a successor to find their identity in the mist of all that.  You’re born into a myth and you can feel like a mere mortal in the midst of all those shadows.” “The next generation wants to push and grow and develop, while their parents want to solidify their legacy and create stability for the next phase of their journey.” “The challenge of a successor is to be true to who you are.  Learn to write your own story, one that embraces the history and looks at the challenges of the future in ways that are authentic to you.” The post What Your Family Needs to Know About Family Business Succession | Andrew Keyt | Episode 035 first appeared on Daughters In Charge.

Theme: Becoming President of Your Family Business Summary: A daughter who grew up in an event rental company describes how her work and career experiences helped her build the skills that prepared her to lead the business and to work successfully with her husband. Featured Guest: Elizabeth Wilson, President of All Occasions Rental Contact: elizabeth.wilson@aorents.com Key Quotes: “You do have to be a different person depending on the person you’re managing. A good manager adapts her style”. “Working with your spouse…and knowing when to turn on and off the business is something we struggle with. We’re still figuring that out.” “One of my greatest challenges is focusing on vision. I tend to be a concrete thinker and enjoy solving problems. Because I’m comfortable there, I have to “flex the vision muscle”. The post What it’s Like to Be in Charge? | Elizabeth Wilson | Episode 034 first appeared on Daughters In Charge.

Theme: Considering a Family Office? Summary: A researcher, family business consultant, and author discusses the myths and realities associated with Family Offices. Featured Guest: Dr. Kirby Rosplock Her Book: The Complete Family Office Handbook: A Guide for Affluent Families and the Advisors Who Serve Them  Key Quotes: “The joke is, ‘if you’ve seen one Family Office, you’ve seen one Family Office.’” “Some families prize privacy and don’t want other family members knowing how they’re spending their money. Others have a family ‘champion’ who helps drive change.” “The entrepreneurial landscape has changed.  The Family Office can provide a seeding group for new ventures for family members, men and women.” The post Is Your Family Enterprise Considering a Family Office? | Kirby Rosblock | Episode 033 first appeared on Daughters In Charge.

Theme: Finding your place in your family’s business when your skills and talents don’t quite fit. Summary: Niki discovered that helping her dad celebrate his firm’s 50th anniversary opened the door for her to enter and thrive there. She talks about what it’s like to work in a male-dominated field, to take on a new role for the firm, and to learn more about her family’s history in the process. Featured Guest: Niki Ververelli, Director of Communications, Business Development  Organization: Dimitri J. Ververelli, Inc. Website: www.djvinc.com Contact: niki@djvinc.com Key Quotes: “I will admit there was a joke to see how long I would last until my father fired me.” “My coming in here is a gift…because I get to know my father in a different way.” “It’s not a job…when it’s family business you care so much more.” If you like this podcast, I invite you to leave a review and rating on iTunes by clicking HERE and on Stitcher HERE!The post ENCORE: Finding your place in your family’s business | Niki Ververelli | Episode 032 first appeared on Daughters In Charge.

Theme: A Father and Daughter Discuss Succession Summary: Meghan Juday and Dave Juday discuss the lessons learned from focusing on succession in a deliberate and thoughtful way. Featured Guest: Meghan Juday, family council chair and board member of Ideal Industries, family business consultant, and director of the family business center at St. Joseph’s University. Dave Juday: Retired 3rd generation chairman of Ideal Industries Key Quotes: Dave: “The trick is not to not make mistakes; the trick is to recover with alacrity.” Dave: “We had to talk very specifically about managing the transition not only of management, but also of the family, the board of directors, and ownership. We went through a pretty elaborate process. We discovered that these were tough transitions, and we had to change our outlook a number of times.” Meghan: We had very open conflict…and no process for dealing with it. Most of what we’ve done with family governance has been learning how to deal with open conflict. One branch of the family was asking questions we hadn’t considered-really good questions. They brought huge value to the discussion. It took six years of full time work, but it was well worth it.” The post A Father and Daughter Talk about How Their Family Business Successfully Managed Succession | Meghan & Dave Juday | Episode 031 first appeared on Daughters In Charge.

Theme: Trends and Predictions for Family Businesses Summary: Barbara Spector, Editor-in-Chief, discusses trends and predictions for family business, and highlights stories of daughters who are leading their family businesses. Featured Guest: Barbara Spector Contact: Barbara@familybusinessmagazine.com Key Quotes: “Forward-thinking companies have to innovate. They can’t perpetuate the old business model because the business environment is so different now.” “Policies can be set in a family council. There are roles for sons and daughters that don’t involve working for it.” “Demonstrate your own competence, credibility, and marketability. Do well in education. Have a track record of proven success.” The post The Editor-in-Chief of Family Business Magazine Discussions Trends and Predictions | Barbara Spector | Episode 030 first appeared on Daughters In Charge.

Theme: Creating Value in Family Businesses Summary: A strategic management consultant and serial entrepreneur discusses the importance of creating value in a family business and how women can position themselves as leaders. Featured Guest: Alison Gerlach, host of “The Unapologetic Capitalist” podcast, management consultant, and speaker on women in business Key Quotes: “Financial discussions with your family are difficult. There are added layers of family dynamics and politics..they’re the ‘uninvited guests’. The most successful discussions are the ones that can focus on the longevity of the business as a business creating value. “Success is the first part of the word of succession.” “Sometimes we care so much what other people think of us. The problem is when we prioritize those needs over the importance of being productive and creating value. Woman can focus their talent and effort on the work…let the work speak for itself.” The post What’s Most Important to Your Success? | Alison Gerlach | Episode 029 first appeared on Daughters In Charge.