26. Why Personality Matters in Family Businesses: Lessons from Dinner-table Dreams to Boardroom Deals

What does personality have to do with growing a family business? And why is understanding the personality of an entrepreneur a key factor in a successful succession or exit? This week, we’re joined by Chief Science Officer at Hogan, Ryne Sherman, and Entrepreneur and Succession Planner, Stephen Shortt, to understand what it takes to build a successful family business. Join the conversation as we discuss: What personality is, and why is it important How to assess personality How entrepreneurial personalities shape family businesses  The unique dynamics of family businesses Leadership in family businesses Children in family businesses Managing a successful succession in five simple steps If you own a business and have ambitions to exit or manage a successful succession, this one is for you! Resources Ryne Sherman LinkedIn: https://www.linkedin.com/in/rynesherman/ Website: https://www.hoganassessments.com/ Podcast: The Science of Personality Podcast Featuring some of the world’s leading experts in personality psychology and business, this podcast explores the impact of personality on life, leadership, and organizational success. https://podcasts.apple.com/us/podcast/the-science-of-personality-podcast/id1517116280 Article on the Personality of Donald Trump : https://www.psychologytoday.com/intl/blog/the-situation-lab/201509/the-personality-donald-trump Stephen Shortt: LinkedIn: https://www.linkedin.com/in/stephenshortt/ Website: https://successfulsuccession.com/ More From Truth, Lies & Workplace Culture Take part in our latest leadership research https://forms.gle/H654QD4nEgAjd4La9 Listen back to Truth & Lies for more on Hogan and Entrepreneurial Personalities: https://truthliesandwork.com/episodes/leaders-psycho-sociopath Employer Brand: https://truthliesandwork.com/episodes/hubspot-director-on-how-to-build-a-killer-employer-brand How Al Elliott broke the law…and the law won! https://truthliesandwork.com/episodes/al-elliott-story Contact Al and Leanne Connect with Al on LinkedIn: https://www.linkedin.com/in/thisisalelliott/ Connect with Leanne on LinkedIn: https://www.linkedin.com/in/meetleanne Instagram: https://www.instagram.com/truthlieswork/ Email: [email protected]