Through building positive relationships, RayLign focuses on helping families and their Advisors navigate some of the most important transitions they make in their lifetimes, including family business succession, family office oversight and management, and next generation communication and development. We are realists, meaning our optimism is balanced by a healthy dose of experienced-based skepticism. Our approach provides a firm sense of direction while readily conforming to the specific ways in which clients address their challenges. It helps us both look at the world of possibilities through a wide-angle lens.
One interesting paradox of family is "to build unity, focus on individuality". We have seen many attempts to "keep the family together" through a variety of structural solutions: family business, trusts, foundation, investment committee, family office, council. However, an essential ingredient toward truly building family unity, no matter what form, is to respect the individual aspects of each family member and branch. Understanding and valuing differing experiences, life stages, competencies, communication approaches and relational needs, is foundational for building the type of genuine unity that many families seek. This requires a level of emotional intelligence to overcome the many countervailing forces that impact family member interactions on a day to day basis.
RayLign's Scott Budge and Greg Rogers have been invited to facilitate a local YPO forum discusison about how to process the many assumptions industry advisors make when working with family businesses. Assumptive platitudes such as "shirtsleeves to shirtsleeves in three generations" and "all families need a family council" need to be executed upon in the family and business context. How a family reacts to these assumptions needs to vary based on history, line of business, family member capabilities, phase of evolution, values, leadership, and many other factors. Through live case discussion and critical peer feedback, the session aims to highlight the many family business assumptions that get made, and ways to overcome the inherent biases to achieve family and family business goals.