GLAS launch

Thursday 10th November saw the official launch of Dani Saveker’s 20 years of work as GLAS (The Global Life Alignment System)  was revealed at the Beyond Business Summit at family-owned Heythrop Park in Oxfordshire.

         
 

 

 

 

 

A room of specially selected family businesses and professional advisers were taken through a fascinating and revealing day which ran through the 5 critical elements of the GLAS. Designed to help individuals, teams, families and businesses to unlock potential enabling succession and future proofing, an ability to make decisions, gain clarity and focus and create a sense of personal balance and purpose.

GLAS isn’t just for family businesses…. GLAS is available to anyone at anytime in any situation – but Dani was delighted that the first reveal was to a family business focused audience given her own background!

With brightly coloured branding, unorthodoxed materials and approaches the audience enjoyed a fascinating journey of discovery, thought and interaction with warmth and energy, shared stories and many light bulb moments.

To watch the video played at the end of the session on Dani’s random acts of kindness, see below

Bristol family firms expecting good things

Bristol family firms expecting good things as they reveal ambitious plans for growth

Bristol and South West based family firms are positive about the next 12-months for their business and the region’s economy, but see the ongoing skills challenge and financial institutions’ reticence to provide funding as major threats to their ambitious plans for growth.

Family businesses from the food, healthcare, science, locomotive, leisure, packaging, waste management and construction sectors met at Bristol’s Tortworth Court Hotel at an event hosted by the family business sector’s leading independent support and consultancy organisation, Families in Business (FiB).

Despite uncertainty around Brexit and the UK economy, the family businesses taking part in discussions at the event revealed they are expecting good things over the coming months, with a desire to invest in growing the business, despite economic uncertainty in the wake of the EU Referendum.

However, they feel that banks are still closed to supporting private enterprise or providing capital to aid growth, but said that this is countered by the ability to act quickly that goes hand-in-hand with being a family business so are agile, able to seize opportunities, and take and act on decisions quickly.

CEO of FiB, Dani Saveker, comments: “Whilst issues around succession were evident for the majority of the family businesses taking part, there were many inspirational, personal accounts of individuals’ journeys and how they came to be part of their family’s business. For many, this is often not a first choice, and support and networks are seen as vital to help them fulfil the role or challenges they face at its helm, and share experiences and worries with their peers.

“Ambition and positivity amongst the family firms at the event was tangible, but there was strong evidence this brings other personal and business challenges – from funding for and capacity to handle growth, reluctance of the incumbent generation to let go of the day-to-day running of the business, to a passion that the business will remain family-owned, and concern that the right individuals are in place and in the right role.”

Amongst the main findings:

  • The loss of business’ founding family member carries a huge personal and professional impact for surviving family members as well as the family firm, and protecting the business and family should not be overlooked but shareholders agreements and Wills must be utilised.
  • The generation leading the business is fearful of letting down previous generations, but if handled positively these emotions can be motivational and channeled to herald a new, confident and successful new chapter for the family firm.
  • Family firms are committed to bettering themselves and their leaders, becoming the very best possible business men and women, and learning from the lessons learned during 2008.
  • Family businesses are focused on working hard to grow over the coming 12 months, through building productivity, great products, and developing improved structures and systems.
  • Family businesses are committed to looking after their staff well, so consider the National Living Wage a burden for the business.
  • Finding and retaining the talent and skills to support growth remains a challenge.

The event raised £260 for Bristol charity Above & Beyond, which raises funds to make a difference to the care of some 500,000 patients, their families and friends, at Bristol’s city centre hospitals each year, and the 8,000 NHS staff who care for them.

The event was supported by solicitors Veale Wasborough Vizards, Close Brothers Asset Management and accountancy firm Mazars LLP.

Families in Business (FiB) is the specialist division of the Shirlaws Group, and focuses on dynamics and relationships and how they impact family and privately owned enterprises.

 

It is the UK’s only neutral organisation run solely for family businesses, privately-owned enterprises and entrepreneurs, and has a team of professionals with on-the-job, first-hand experience of working in a family business. It operates across the UK and increasingly worldwide via a rapidly growing network of offices, to provide support, consultancy and membership to family firms and their owners.

All Work No Play

Dani Saveker explains how Families in Business provides the ‘permission to play’ to accelerate business growth and experience a thoroughly more enjoyable journey, ahead of the inaugural Families in Business Summit on the 28th and 29th September.

“In a recent study, FiB found that over half of the individuals working in family enterprises place little or no priority on fun.

“This is significant.

“When you see that 83% place the most importance and focus on the day to day business needs, you see two things; firstly, that they are extremely challenged by current issues, and secondly they aren’t building play into their work. For the vast majority, it doesn’t feel much like fun and they can’t see any further ahead than today.

“So why is fun and play especially important? Play is the way in which all humans and many animals learn, compete and excel. Play is also the best environment to create trust and creativity without fear of failure. It is one of the most valuable ways to create and maintain alignment from individuals to their purpose and through teams, the business and external world.

“When we work with family enterprises we find that virtually every single person, which includes leaders, next generation executives and non family employees, tell us that they are struggling to cope with life as it is today. Nine out of ten also tell us they feel a real lack of purpose. So why are we struggling so much?

“Isolation, loneliness and a lack of empathy are the human costs of a changing society but the business case for play is also significant. With businesses facing change, challenge and confusion in a time of uncertainty it is essential to have the best skills and talent possible. 70% of family enterprises admit to having no focus or strategy around innovation, creativity and development leaving them vulnerable. Standing still is not a long term plan. It’s time to introduce play.

“From the family relationships in family owned and run businesses, to the wider relationships, everyone needs to be aligned to a clear vision. By granting a permission to play and connecting to the overall purpose for the business and those in and around it, it’s far easier to accelerate growth and experience a thoroughly enjoyable journey.”

The first-ever Families in Business Summit will further explore the problems of not allowing play into the workplace, and through a programme of keynote speeches from family business leaders and advisers, to interactive workshops and break-out sessions, will provide a portfolio of solutions to support family and owner managed enterprises place play at the heart of their businesses.

“Ridding performance anxiety, unlocks creativity and supercharges our ability to innovate,” explains Dani. “I’m not saying don’t take things seriously, far from it, but I am a strong believer in the need to create this space.”

For more information about the FiB Summit and details of how to reserve a space: Register online

To read more about the importance and role of ‘play’, read Dani Saveker’s interview with CampdenFB: http://www.campdenfb.com/article/business-case-fun