Ivan Lansberg on “Ambidextrous Leadership”
Ivan Lansberg contends that effective leadership of a family enterprise requires a skill set which has not been adequately described in the business literature.
More specifically, he notes that leaders in a family enterprise are required to attend to the leadership needs of both the enterprise and the family. The enterprise needs the leader to lead, for example, the process of succession, while the family needs the leader to lead, for example, the nurturing and development of the next generation, the support of elderly parents, and the planning of family events. Most leaders are better at leading either the enterprise or the family, but few are naturally inclined in both areas. Lansberg calls for family enterprise leaders to become “ambidextrous leaders” — to build their skills in both arenas. This can allow the family enterprise to take advantage of the paradoxes of a family enterprise and turn these potentially confounding ambiguities into strategic advantages.
The importance of a WRITTEN family business succession plan
Why does “selective-amnesia” often kick-in when discussing business issues?
Danny Meyer & Michael Romano, “Family Table”
MICHAEL ROMANO is the culinary director for the Union Square Hospitality Group. The James Beard Foundation has named him Best Chef in New York City, awarded the Union Square Cafe Outstanding Restaurant of the Year, and inducted him into the Who’s Who of Food and Beverage in America. With Danny Meyer, he is coauthor of The Union Square Cafe Cookbook, which won an award from the International Association of Culinary Professionals, and Second Helpings from Union Square Cafe.
Called “the greatest restaurateur Manhattan has ever seen” by the New York Times, DANNY MEYER is the CEO of the Union Square Hospitality Group which has won an unprecedented 25 James Beard Awards and encompasses such famous restaurants as Gramercy Tavern, Union Square Cafe, and of course, Shake Shack. His business book, Setting the Table, was a New York Times and Wall Street Journal bestseller. And we are excited to have both Danny and Michael at Google New York to discuss their new book FAMILY Table.