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Daughters in Charge Podcast: Managing Personal and Business ChallengesDaughters in Charge Podcast: Managing Personal and Business Challenges

Amy J. Katz, President & Chief Executive Officer

September 30, 2015

1 Min Read
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Theme: How establishing a structure can help you manage personal and business challenges

Summary: Karen Buchwald Wright, President and CEO of Ariel Corporation, describes the structure she put in place when she took over her family’s business and how she is preparing her sons to lead as well.

Key Quotes:

  • “When you are the second generation, your challenge is have a structure and leadership. That was the real thing I had to figure out. None of that structure existed. There were some hurt feelings.”

  • “When you take over a business..people aren’t going to trust you right away-and vice versa. There’s a lot of turf-guarding that goes on.”

  • “One of things I wanted to do with the boys, was to have them have the experience working outside the business…to have a couple of bad bosses, to know what it’s like to be an employee and not an owner, and to not feel as if they’re just the kid.”

 

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About the Author

Amy J. Katz

President & Chief Executive Officer, Daughters in Charge

Amy J. Katz is President of Daughters in Charge, an online business committed to helping women find personal and professional success as leaders in their family’s business. Daughters in Charge provides an online community, weekly podcasts and blogs, and individual and group coaching services to women from a wide range of family business settings.  Dr. Katz is the author of Learning to Lead in Your Family’s Business, and has been featured on NPR’s Marketplace and The Wealth Channel.  She can be reached at [email protected].

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