A Woman's Place...The Crucial Roles of Women in Family Business

Women have an important role in families and in family businesses. For too long the contributions of women have been taken for granted and kept invisible. That is now changing. Women produce and raise future shareholders for family businesses, and they serve as active members on family councils managing a variety of vital issues. In addition, we ve seen generations of dynamic women take the reigns of their family businesses and lead them to realize substantial financial growth. Yet women still face challenges in family business. As wives, they are often kept in the dark about the business and its finances. As daughters, daughter-in-laws, grand-daughters, sisters and nieces, they are often relegated to the position of noncontributing shareholders. Even as employees and company leaders, women face challenges establishing and maintaining authority, as well as sustaining a work/life balance. Despite the challenges, women are proving to be a crucial source of talent in family businesses. A Woman s Place...The Crucial Roles of Women in Family Business by the female associates of the Family Business Consulting Group, Inc. examines the unique challenges of women in family businesses. It provides strategic methods for women to maximize their understanding of the family business and provides a roadmap for success to women who seek leadership roles in their family businesses. It also provides insight on how families can groom their female relatives for succession. Some highlights from A Woman s Place include: real life accounts of women s experiences in family business; tips on how women can maintain a work/life balance; methods for couples to handle the woman being the dominant member; steps to take in order to become financially literate and learned; and how to effectively communicate as a woman leader. No family can flourish without utilizing the talents of its women. A Woman s Place will provide everyone in family business with the knowledge on how they can maximize the success of women in family business and subsequently maximize the success and continuity of their business.