In this episode, Joshua Nacht, a senior consultant with The Family Business Consulting Group, shares his insights on helping business families create structured plans for continuity and success across generations. Joshua has extensively researched family business leadership and discusses the importance of developing effective governance, communication, strategies and managing transitions within family enterprises.

Throughout the conversation, Joshua explores key concepts such as creating a shared family vision, balancing tradition with innovation, and the role of family champions in driving positive change. He emphasizes the value of collaborative goal-setting, effective governance structures, and aligning family values with business decisions. Listen to our latest episode to hear Joshua's perspectives on crafting enduring family business legacies, fostering intergenerational cooperation, and implementing practical governance solutions that bridge family dynamics with business success.

About Joshua Nacht

Joshua Nacht, Ph.D., is a senior consultant at The Family Business Consulting Group, specializing in creating structured continuity plans for business families. His expertise lies in effective governance, communication, and transitions, focusing on integrating diverse perspectives from multigenerational families into successful strategies. Known for his ability to connect with people, Joshua values the collaborative relationships and trust he builds with his clients. His work spans various critical issues, including next-generation leadership development, role management, and facilitating effective family meetings.

As a thought leader in his field, Joshua has co-authored the book "Family Champions and Champion Families," which explores the crucial role of family leaders in sustaining business family success. His groundbreaking research on "The Role of the Family Champion" earned him the prestigious 'Best Dissertation Award' from the Family Firm Institute in 2016. This work has contributed to understanding leadership dynamics within business family ownership groups. Joshua's unique background, which includes leading wilderness skills trips and counselling individuals and families, enhances his holistic approach to family business consulting.

Resources:

• Family Champions and Champion Families: Developing Family Leaders to Sustain the Family Enterprise
• Family Firm Institute
• Family Business Consulting Group

Contact Cory Gagnon | Beacon Family Office at Assante Financial Management Ltd.

• Website: BeaconFamilyOffice.com
• LinkedIn: Cory Gagnon
• LinkedIn: Beacon Family Office
• Email: beaconfamilyoffice@assante.com

Contact Joshua Nacht | The Family Business Consulting Group, Inc.:

• Website: thefbcg.com/consultants/joshua-nacht
• LinkedIn: Joshua Nacht
• Email: nacht@thefbcg.com
• Phone: (303) 868 5517