EP #61: Generational Business Transitions with Nike Anani
As driven people, we want to create something good, scale it, maximize it, and ensure that it won’t fall apart someday. There comes a time when transition is key to the success and longevity of your mission or business—and it doesn’t necessarily come at retirement. Nike Anani, a top 100 global family business consultant, joins me on the show today to share her wealth of knowledge and insight on this topic and what it takes to create successful family business and leadership transitions.
The work that Nike does is very important when it comes to connecting families, businesses, and generations to do good in the world and create an impact that lasts. Listen in as she shares a bit about what generational consulting is and the importance of family and culture when it comes to the success of a business and any future transitions. You’ll hear Nike’s best tips and advice on using the strengths and diversity within your family, aligning with united values, and executing a cohesive, strong, and united transition.
What You'll Learn In Today's Episode:
What it means to be a generational consultant.
The role of gender in family business and how it is changing.
Tips for women in business and leadership.
The importance of community building (especially outside of the digital realm).
Key tools Nike uses to help a family with their business.
Why you need to look back before moving forward.
How to handle the transition decisions with purpose and a united direction.
Ideas Worth Sharing:
“In a family business, you’ll really see that the family is the root and anchor for the business.” - Nike Anani
“Culture eats strategy for breakfast.” - Peter Drucker
“We need to make sure that the family unit is cohesive, strong, united, and connected so that they can ensure that the business thrives.” - Nike Anani