One of Joel’s primary professional areas is in the provision of executive leadership services to family-owned companies. The genesis of this specialization came from Joel’s background in psychology, and his experience with and recognition of the fact that at the heart of every family-owned company there is a biological family. Thus, executive coaching for family-owned corporations is a much more challenging investment, characterized by an understanding of the way in which family roles and dynamics interact with business roles and dynamics to produce a unique and highly complex mix of situational factors which are highly germane to profitability and growth. Issues such as bringing young adults into the family business, the layout of executive leadership roles for young adult family members in a business, the competency of young adult family members in a family-owned business as opposed to external executives, the sibling rivalries, the family member/non-family member executive competition, as well as the entire question of equity and succession are the métier of Joel’s work as a family-owned business advisor.
Below is a work sample of consulting services Joel provided to a family owned company.