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A common belief is that family values influence the business culture; this connection is even more prevalent than we might first envision.
The family dreams also taint the strategic thinking, and the family vision will determine the plans of the business.
The two processes, family envisioning and business planning are very interrelated and the family leads the way.
Family Envisioning Process
values
principles
dreams
vision
plans
Business Philosophy
Strategic Thinking
Strategic Plan
Business Planning Process
Source: © Business Families Foundation 2014