Description
Summary
In this episode of the Family Business podcast, Tom McCullough and Keith Whitaker discuss their book, The Wealth of Wisdom. They share their backgrounds and how they came to collaborate on the book. The second version of the book focuses on providing practical tools and exercises for families to enhance their communication and address important topics. One chapter highlights a family self-assessment tool that helps families evaluate their situation and identify areas for improvement. Another chapter introduces a three-step process for enhanced communication, which can be used by couples or siblings to address differences and find common ground. The book is accessible to multiple generations and encourages open dialogue within families. The conversation explores the themes and family discussions, the power of framing issues, generational collaboration in philanthropy, intergenerational dialogue, and the simplicity of tools for productive conversations.
Takeaways
The Wealth of Wisdom provides practical tools and exercises for families to enhance their communication and address important topics.
The book includes a family self-assessment tool that helps families evaluate their situation and identify areas for improvement.
A three-step process for enhanced communication is introduced, which can be used by couples or siblings to address differences and find common ground.
The book is accessible to multiple generations and encourages open dialogue within families.
Chapters
00:00 Introduction and Background
09:19 Collaboration on the Book
16:46 Approach to the Second Book
27:14 Chapter on Family Self-Assessment Tool
37:57 Chapter on Three-Step Process for Enhanced Communication
46:18 Accessibility for Multiple Generations
48:21 Subversive Books and Family Discussions
49:22 The Power of Framing Issues
50:50 Generational Collaboration in Philanthropy
54:15 Intergenerational Dialogue
59:31 Simplicity of Tools for Productive Conversations
01:00:29 Clarification on the Books
Summary
Cathy Carroll, author of 'Hug of War', discusses the unique challenges of leading a family business with both love and logic. She explores the concept of polarities in family businesses, where opposing forces such as candor and diplomacy, or reveal and conceal, coexist and create tension....
Published 08/23/24
Summary
Cathy Carroll, author of 'Hug of War', discusses the unique challenges of leading a family business with both love and logic. She explores the concept of polarities in family businesses, where opposing forces such as candor and diplomacy, or reveal and conceal, coexist and create tension....
Published 08/19/24