The creation of leaders determines the longevity of a family business

Family businesses that have found a successful business model not only have to worry about maintaining a healthy administration that allows them to adapt to constant changes, they have to create a culture of continuity that develops and encourages new leaders in the generations that will gradually take over. the control.

The importance of a family business depends on many factors and success can be measured in different ways; However, the Creation of leaders is decisive for the company to last in time, as mentioned by Raúl Serebrenik, director of Family Enterprise Consulting International Group.

“There are many companies with 50 or 70 generations, that are not multinationals, they are not small, but they are not large, and that is where the myth that longevity is killed by size is killed, and the other factor is how we measure success, well, not they only measure it with their profitability, also by the number of generations they have, they are families that apply concepts of social responsibility for more than 100 or 200 years”.

With the intention of complementing and providing tools that help entrepreneurs maintain their projects and make them last over time and generational changes, Tecmilenio launches a certificate in Positive Leadership for Business Families, which will be attached to its Master’s in Leadership Positive, in its ninth generation

“Our master’s degree is backed by more than 20 years of research, everything has a scientific basis that addresses issues of culture, education, economy, health and this model that we use, positivity, involvement, positive relationships, meaning and achievement, (PERMA, for its acronym in English) will be added to the model for the consolidation and continuity of business families”, mentioned Magali Maldonado, director of the master’s degree in Positive Leadership.

Long-term vision with defined purposes

These organizations do not only care about the short term, they are very focused on which and how they will meet their objectives in the future, for this they require leaders who know and be clear about the vision of the familya topic that will be addressed in detail in the Positive Leadership for Business Families certificate.

“This long-term vision has to do with this commitment to the future, to how they prepare the next generations; family members and the collaborators themselves, how are they going to inherit a responsibility that has to be carried out with a leadership with a sense of purpose”, commented Raúl Serebrenik.

spiritual capital

The influence of values ​​in a family business can be very significant at the time of success and when these are not clear at the time of a generational change, it can cause difficulties.

“Spiritual capital are those values ​​and principles with which the family identifies, that mark of leadership has to do with the DNA of the family, which are deeply rooted and, above all, as it is transmitted to the battlefield, this can be taught correctly and will help as a complement to decision-making in critical moments with the psychological field”, said Raúl Serebrenik.

Leadership that delivers sustainable results

The leaders that the family is forming must have attributes that allow them to continue what has been done well in previous years, but at the same time, that they can adapt to the changes that the market will gradually present to them, that is why they must have a seal that identifies them and helps build the future they want.

“Leadership is the most important factor in generating well-being in any company and we start from the premise that The best leadership is the one that gets results.but these results must be achieved in the correct way and that is where the attributes and seal that characterizes the family and who leads it are evaluated, in such a way that they are clear about what they are building for their future”, concluded Rodrigo Calderón, Principal consultant for RBL Group.

jose.molima@eleconomista.mx