In this episode, Greg McCann of McCann & Associates and I dive into the family enterprise model, vertical leadership development, and leadership agility. Greg worked in his family’s business for a number of years before teaching at Stetson University and starting their Family Enterprise Center. In addition to teaching, Greg has worked as a family enterprise consultant for nearly two decades.
In this podcast, Greg gives us a mini-course on the four leadership agilities, which include self-awareness, empathy, framing, and innovation. We discuss the six stages that leaders go through, which run along a continuum from efficient to effective. Greg also shared with us that leaders at the top of the scale (the most effective) tend to do three things daily:
- They have a reflective or meditative practice
- They exercise
- They have a creative practice outside of work. (Cool thing about Greg: His creative practice outside of work is gift giving!)
Topics discussed in this episode:
- Meet Greg (1:14)
- Today’s global pressure on family businesses (5:45)
- Turning challenges to opportunities (10:14)
- Family enterprise mindset model (13:03)
- The who (18:05)
- 4 agilities and leadership stages (20:04)
- How to move through the leadership stages (27:35)
- Why this model for a family? (31:18)
- Two types of innovation (35:38)
- Resources and how to find Greg (39:19)
- Bonus questions (40:35)
Greg McCann is the founder, principal and leader of an international family enterprise consulting firm that create workshops, consults, publishes, and innovates on issues of importance to family enterprises.
As a thought leader, author, coach, consultant and speaker, he works with family enterprises in the areas of leadership development, transitions, communication & conflict resolution, and with a special emphasis on helping the next generation succeed in their careers and lives.
Greg has coached leaders for nearly 20 years and is not only a graduate of Coach U, but also certified in Leadership Agility and Myers-Briggs Type Indicator.
Notable & Quotable:
Intimacy is being lost. In response, I ask how do people become available to themselves and the other people in their lives? —Greg McCann #successfulgenerations
If you are not developing the leadership capacity of your family, you are putting them in unnecessary risk. —Greg McCann #successfulgenerations
We’re really good at running our businesses, but not so good at anticipating change. How do we pivot and see the next thing coming? —Greg McCann #successfulgenerations
Imagine saying, ‘I want to get in shape, so once a year I go away with my family and hear a fitness expert speak.’ That doesn’t work. —Greg McCann #successfulgenerations
In a family business you’re putting your main relationships and the majority of your wealth at risk. Doing that casually is too much of a risk. —Greg McCann #successfulgenerations
Resources mentioned in this episode:
Family Enterprise Center at Stetson University
When Your Parents Sign the Paychecks: Finding Success Inside or Outside the Family Enterprise by Greg McCann
Who Do You Think You Are? By Greg McCann
MUST-HAVE Handout – Leadership Agility and Vertical Leadership Development
14 Ways to Cultivate Highly Conscious Leadership
Family Firm Institute Goodman Study
Bill Joiner’s Leadership Agility
Vertical Leadership Development from Nick Petrie Center for Creative Leadership
Myths and Mortals:Family Business Leadership and Succession Planning by Andrew Keyt
Joe Astrachan of Kennesaw State University
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If you are the next generation of family business, philanthropy and wealth, and have a topic you think we should discuss, let us know at Ellie@successfulgenerations.com.