Summary
In this episode, Fiona Graham discusses the rebranding of Family Business UK and their focus on advocacy and policy. She highlights the key areas in their 2024 manifesto and the importance of long-term planning for family businesses.
Fiona also shares insights from Family Business Week and previews the upcoming annual conference, which will focus on people and the challenges faced by family businesses. In this conversation, Russ and Fiona discuss the importance of family businesses and the challenges they face.
We delve into topics such as succession planning, governance, communication, and collaboration. We also highlight the need for support and resources for family businesses.
Takeaways
Family Business UK has rebranded to become a movement for family businesses, focusing on advocacy and policy.
Their 2024 manifesto highlights key areas such as people, growth, and ownership, with a focus on long-term planning and support for family businesses.
Family Business Week celebrates the achievements and future leaders of family businesses, emphasising the importance of peer networks and mentorship.
The upcoming annual conference will explore the challenges faced by family businesses, including people issues, skill development, and non-family involvement. Family businesses play a vital role in the economy and society.
Succession planning and governance are crucial for the long-term success of family businesses.
Effective communication and collaboration within the family and the business are essential.
Family businesses need support and resources to overcome challenges and thrive.
Listen to the Episode here:
Chapters
00:00 Introduction and Rebranding
03:03 Focusing on Advocacy and Policy
08:26 The 2024 Manifesto
10:17 Key Areas in the Manifesto
19:10 Budget and Election Year
28:49 Highlights of Family Business Week
34:19 Upcoming Annual Conference
02:00 The Importance of Family Businesses
10:00 Challenges Faced by Family Businesses
20:00 Succession Planning and Governance
30:00 The Role of Communication and Collaboration
40:00 Supporting Family Businesses
47:00 Conclusion and Call to Action
Find out More
You can find out more about Family Business UK and download the 2024 manifesto by visiting their website: https://www.familybusinessuk.org/