Through their Hawai'i-based consulting firm, Business Consulting Resources (BCR), Jean Santos and Ken Gilbert have more than three decades of experience providing critical support for family businesses across a wide range of industries.
Over the last three years, Jean and Ken conducted a special research project to document the complex nature of family-owned businesses. The first year of the initiative focussed on the founding generation and the issues that impact their ability to navigate succession. The following year, they examined the successors' perspective: how does the second generation build on what is handed to them?
This year, Jean, Ken and Celine Casamina conducted hundreds of hours of interviews with women in leadership positions to better understand the specific challenges they overcome on their journey to family business success.
The testimony they heard includes stories of women expertly juggling roles as mothers, sisters, partners, CEOs and managers of their family businesses. Unlike those with non-family employers, women in the family business do not have the luxury of leaving their work when the day is over. Regardless of their familial obligations, their work is often a 24/7 proposition.
For many, the journey to family business success is defined by struggle against harmful stereotyping, the compulsion to overachieve, impostor phenomenon and, often, time itself. Sharing their stories creates the awareness needed to help mitigate these obstacles for others on the path.
Women in Family Business
WIFB is a global initiative that offers an opportunity to women from all over the world to share their insights and experiences with the family enterprise, connect with their peers, and contribute to the creation of a strong community.