What Makes Family Business Leadership Unique
Leadership in a family business is different. It’s harder, due to the seemingly competing forces of the family and the business. Join Cathy and other FFI Midwest Chapter members to learn how this manifests in family businesses, then practice how to make leadership decisions using the framework of polarity maps.
Made famous by Dr. Barry Johnson in the 1970s, Polarity ThinkingTM helps leaders appreciate the upsides and downsides of opposite poles, such as strategy and execution or centralization and decentralization. It also helps people identify unconscious pole preferences and blind spots in decision making. These unconscious blind spots can lie at the root of conflict in a family business, as well as unconsciously bias how practitioners advise their family firm clients.
Based on research from Cathy’s upcoming book, this event will introduce both practitioners and family business leaders to useful tools designed to help navigate some of the wicked problems in family businesses, which are riddled with challenging leadership polarities:
· Common tensions family business leaders face
· Practical tools and strategies to manage these tensions
· Creative interaction with family business professionals
About the Presenter
Presenter: Cathy Carroll
Title: Founder and President
Organization: Legacy Onward, Inc.
After growing up around her grandfather’s business, Cathy pursued a 20-year corporate career as an actuary at Hewitt Associates and a corporate executive at Sabre Inc., and United Airlines before leaving to run her father’s business. She started Legacy Onward to bring leadership and executive coaching services to family businesses.
Cathy earned a leadership coaching certificate at Georgetown University, an MBA at the University of Chicago Booth School of Business, and a BA at Boston College. She is also a Professional Certified Coach (PCC) in the International Coaching Federation. She serves on the board of three family businesses based in the US. An active member of her community, she is also the Chicago Chapter President of the Family Firm Institute and serves as Secretary of the ICF-Chicago Chapter. Further, Cathy is a founding board member of A Leg To Stand On which provides free orthopedic care to children with untreated limb disabilities whose families cannot afford treatment.