Leveraging the Power of Peers in a Family Business.

By Daniel G. Van Der Vliet
Director, The Family Business Initiative at the University of Vermont

I have had the pleasure of working with one of our Next Gen peer groups in the Vermont The Family Business Initiative (FBI@UVM) for the last two years. Our affinity groups (CEO or Next Gen) are deliberately kept small, typically only six per group with a facilitator. This helps the groups establish both trust and accountability. Group members are chosen to insure there is familiarity around the table; personality, business stage and often business type (though no businesses that have competitive conflicts are paired together).

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