Episode 1: Buying Out Your Brothers | Can Co-Leadership Work? | Unfinished Plans

Episode 1: Buying Out Your Brothers | Can Co-Leadership Work? | Unfinished Plans

In our inaugural episode of Family Business/Business Family, we sit down with Karla Trotman, president and chief executive officer of Electro Soft Inc., the nation's largest Black-owned electronics manufacturing and engineering firm. We discuss how she and her family handled her tricky transition to the top spot, which included the difficult decision to buy out her siblings. We also talk about her new book, “Dark, Dirty, Dangerous: Building the Vibrant Future of Manufacturing.”


Also, Katie Rucker and Jenny Dinnen, second-generation co-presidents of MacKenzie Corporation, drop by to answer an age-old family business question: Can co-leadership actually work?


And Dennis Jaffe, author of the book, “Borrowed From Your Grandchildren: Evolution of 100-Year Family Enterprises” and our newest Family Business Magazine columnist, tells us about a troubling trend he’s noticed recently: families failing to follow through on their estate and succession plans.


This episode is brought to you by Deloitte Private: serving family-owned companies, family offices, and privately-held businesses, and advising them on addressing a range of issues, from growth, talent and succession to the potential and perils of AI.

Interested in being a guest or have a topic you'd like to hear us discuss? Contact host Zack Needles, editor-in-chief of Family Business Magazine, at: zneedles@familybusinessmagazine.com.

Hosted on Acast. See acast.com/privacy for more information.

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Jaksot(52)

Episode 52: Flipping the Switch | When Resistance Is Really Wisdom | The Paycheck Nobody Wants to Discuss at the Dinner Table

Episode 52: Flipping the Switch | When Resistance Is Really Wisdom | The Paycheck Nobody Wants to Discuss at the Dinner Table

In this episode, Trey Travis, third-generation leader at Bremen, Ga.-based Southeastern Hose, discusses growing up literally inside the Atlanta hose and corrugated metal fabricator his grandfather sta...

15 Syys 41min

Episode 51: First Friction, Then Trust | How 4 Co-Presidents Co-Exist | 600 Kids, Same Founding Values

Episode 51: First Friction, Then Trust | How 4 Co-Presidents Co-Exist | 600 Kids, Same Founding Values

In this episode, Shane Foye, second-generation president of DW1, the Atlanta site services company his father built, talks about growing up with the business literally operating out of his childhood b...

1 Syys 34min

Episode 50: 'Grow or Die’ | Mental Health as a Boardroom Issue | A League of Their Own

Episode 50: 'Grow or Die’ | Mental Health as a Boardroom Issue | A League of Their Own

In this episode, Mike and Jon Abt, G3 sibling co-presidents of Abt, share the philosophies behind their family’s 90-year-old Chicago retail business: say yes to any reasonable customer request, “grow ...

18 Elo 42min

Episode 49: Building an Identity Beyond the Family Name | Making Family Wealth Make Sense | When Ownership Becomes Onerous

Episode 49: Building an Identity Beyond the Family Name | Making Family Wealth Make Sense | When Ownership Becomes Onerous

In this episode of the “Family Business/Business Family” podcast, we chat with Abhinav Jindal, a G2 leader of family-owned Jindal Group's hospitality portfolio. He discusses why his father talked him ...

4 Elo 42min

Episode 48: Starting a Family Office From Scratch | Ranching Isn't 'Yellowstone' | Wearing Multiple Hats in the Family Business

Episode 48: Starting a Family Office From Scratch | Ranching Isn't 'Yellowstone' | Wearing Multiple Hats in the Family Business

In this episode, we sit down with Camille Johnson, family liaison at HF Capital, the Haslam family's family office. She discusses the office's 2020 founding amid the family’s sale of Pilot (which oper...

21 Heinä 45min

Episode 47: No Retiring on the Ranch? | How ‘Shadow Governance’ Can Help Succession | Protecting Family Relationships

Episode 47: No Retiring on the Ranch? | How ‘Shadow Governance’ Can Help Succession | Protecting Family Relationships

In this episode, we sit down with husband-and-wife team Luke and Catherine Neumayr, seventh-generation ranchers at family-owned V8 Ranch. They discuss the unique realities of succession in agriculture...

7 Heinä 44min

Episode 46: The Big Move From G1 to G2 | A Complicated Founder-Son Relationship | Evolving Without Abandoning Values

Episode 46: The Big Move From G1 to G2 | A Complicated Founder-Son Relationship | Evolving Without Abandoning Values

In this episode, we sit down with two generations of leadership at Total Office Solutions, a family-owned provider of comprehensive office services from workplace planning, furnishing, and technology ...

23 Kesä 49min

Episode 45: Getting ‘Real’ About Working With Family | The Human Side of Succession | Investing With Purpose and Passion

Episode 45: Getting ‘Real’ About Working With Family | The Human Side of Succession | Investing With Purpose and Passion

In this episode, we sit down with Travis Hollman, G2 CEO of Hollman Inc., the world's largest locker manufacturer whose clients include the major pro sports leagues, Apple and Nike. Hollman (who some ...

9 Kesä 41min

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