In this Episode of Family Business Diaries, we interview a young graduate who was tasked with leading the financial affairs of their Family Business.
Meet Sandra Kwarteng, Head of Finance at Thomcof Energy Limited, a 13-year-old LPG company. We delve into Sandra's role and her perspective on leading the company and its financial aspects.
Sandra’s primary objective is to establish internal structures, with a long-term vision of expanding the company's presence in the green energy sector and becoming a leader in sustainable energy solutions.
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In this episode of Family Business Diaries, recorded live with an audience at the Africa Family Business Summit, we interviewed three distinguished women: a founder and her daughters. Together, they shared their family business journey and personal stories of working side by side as a team.
The Team driving Jandel Limited includes Afi Amoro, the Chief Executive Officer, Dela Mahama, the Executive Director, and Janette Duah, the Chief Operating Officer.
Listen in as they reflect on their experiences, the power of collaboration, their continued learning process, and their drive to excel.
With these values at hand, they have carved a path for women like them in the decoration industry and beyond.
Watch the visual version of the episode: https://youtu.be/8CteU5daF9M
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In this inspiring and encouraging episode of Family Business Diaries, we interviewed an ambitious woman who is now at the helm of her family's business.
She took over from her father, continuing a legacy that is now celebrating its 30th year, while managing the unique challenges of continuity and aiming to sustain the business.
Priscilla korshie Sherrie, CEO of Sinethetha Engineering Group limited, she shares her story on how she thrived in sustaining her father’s legacy despite setbacks, using these three key pillars: people, process, and technology.
In the conversation, she further explains that you can't have one of the key pillars without the others, you need the right people to execute your vision and when you integrate these three key pillars, you create a powerful, self-sustaining growth engine for your business.
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Family business Diaries S03 EP02
In this episode of family business Diaries, we welcome our first three guests, all men, alongside a live session recorded at the Ashesi University Entrepreneurship Capstone Class.
Mr. Barima Osei-Bonsu, Executive Director at Rose Aluminum Company Limited, Mr. David Tabi, Head of Operations and Business Development at Barbex Africa Projects, and Mr. Benjamin Nkansah, Operations Manager at JBD Plaza hotel, they shared their personal journeys and viewpoints working within a family business.
Listen in as they openly discuss their experiences, their fears, and challenges they've faced while working in their family business and striving to build a lasting legacy.
In this new season, we’re kicking off not with a founder or next-generation, but a legal expert and a strategic business advisor, Mr. Theodore Albright.
He highlights the need to define family, form a family council, and create a family constitution to guide operations and boost success.
He further emphasizes on business assumptions, key success factors, and the fixed mindset to consider when starting or growing a business.
In our inaugural episode of FBD on the Streets, Mary chats with Mrs. Harriet Hilda Nkansah, manager of Ogray's Special Aboboi & Tatale, a beloved food business started by her mother decades ago. Harriet shares how she transformed the informal business by introducing corporate structures such as inventory management, branding, communication, social media marketing, and delivery services, ensuring that tradition meets modern efficiency. She also opens up about navigating conflicts within the informal sector and offers practical strategies for sustaining a family business legacy. Her advice to family business owners in the informal sector? Learn, reinvent, and innovate, because even the most traditional businesses must evolve to meet the expectations of a new generation of customers.
Watch the visual version of the episode on YouTube. https://youtu.be/zYrGtrXKlds
In this heartfelt episode of Family Business Diaries, Mary sits down with Mr. Samuel Patrick Oduro, founder of Universal Hospitals Group, and his daughter, Neena Oduro, Chief Operating Officer of the company. Together, they share their journey of building and sustaining their family business legacy.
From Mr. Oduro’s advice to involve the next generation in the business early to Neena’s call for open-mindedness and adaptability among next-gens, this conversation dives into trust, lessons learnt, and navigating generational transitions.
They candidly reflect on their regrets, corrections, and the core principles that have driven the success of Universal Hospitals Group. Whether you’re a founder or next-gen in a family business, this episode is packed with actionable insights for creating a sustainable legacy.
Watch the visual version of the episode. https://youtu.be/ebTW_46z60U
In this episode of Family Business Diaries, Mary sits down with Nana Ama Buckman, Publishing Manager and Head of HR at Buck Press Ltd., a family business founded by her father over 30 years ago.
Nana Ama shares her unique journey of integrating her passion for writing and publishing into her role within the family business. She highlights the vital role of Next-Gens in fostering a healthy work culture, empowering staff, and ensuring the sustainability of legacy businesses.
The conversation delves into key issues such as balancing qualifications over familiarity when hiring family members and the importance of establishing robust structures for business growth.
Her advice to Next-Gens navigating leadership transitions?
'Don't put pressure on yourself. Establish the structures and succeed.'
In this episode of Family Business Diaries, Mary sits down with Dr. Emmanuel Obiri Addo, Director at Kyei BeKind Enterprise Ltd., to explore the essential elements of building a lasting family business legacy in Ghana’s Fast Moving Consumer Goods Industry.
Dr. Addo shares his journey of learning every aspect of the family business since a tender age alongside his four siblings, a foundation laid by their mother. He emphasizes the value of putting customer needs first and creating a unique niche in your industry.
Dr. Addo also provides honest advice for family business owners: learn from your mistakes, trust your family team, and don’t hesitate to seek expert guidance to establish robust business structures. This episode is filled with practical wisdom for those looking to ensure their family business thrives for generations.
Tune in for an insightful conversation about family, legacy, and lessons learned.
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In this special virtual episode of Family Business Diaries, we sit down with David Grammig, a Global Family Office Expert and Founder of Grammig Advisory. David shares expert insights on how African family businesses can leverage storytelling and build strong partnerships with investors to drive long-term success. He emphasizes the importance of breaking the silence, sharing family business stories, and expanding networks globally. As a key figure in the family office space, David also invites family business leaders to attend the 2024 Africa Wealth Summit, where they can connect, learn, and grow their businesses. Watch the visual version of this episode here.
In this episode of Family Business Diaries, Mary sits down with Ing. Nana Afua Sarpong, Director of Operations at Belshaw Limited, a family business founded by her father over 40 years ago. Nana Afua shares her journey of returning from the diaspora with her civil engineering background to implement structures and systems which professionalized the company and drive growth. Her advice to family businesses is clear: put the right structures in place to ensure long-term success.
Watch the visual version of this episode here.
In this special episode of Family Business Diaries, we are thrilled to bring you a live session recorded at the Ashesi University Entrepreneurship Capstone Class. Our two distinguished guests, Mr. Seth Quaye, Founder and CEO of MacPartners Group, and Mrs. Anita Osei-Manu, Director of Amalena Group, offer invaluable insights into the dynamics of managing a family business from both the founder’s and Next-Gen’s perspectives.
Mr. Quaye shares his journey of building MacPartners Group with a family-first mentality, strategically involving his sons and their wives in the business.
On the other hand, Mrs. Anita Osei-Manu reveals how she transitioned into leadership at the Amalena Group, implementing key structures that have driven the company’s growth and expansion.
Tune in for an engaging discussion that explores the successes, challenges, and lessons learned in creating and sustaining a family legacy.
Watch the visual episode here.
In the premiere episode of Family Business Diaries Season Two, host Mary Asante-Asamoah sits down with Mr. Joseph K. Horgle, the visionary founder of J.K. Horgle Transport and Company Limited.
Mr. Horgle shares his inspiring journey, the principles of diversifying investments, and his unwavering belief in hard work. He also discusses how he has groomed his daughter to succeed him and his advice to founders on the importance of being a trustworthy business leader.
Tune in to hear valuable insights and lessons from a pioneer in Ghana's transportation industry.
Watch the visual version of the conversation here
As we end season one of Family Business Diaries, Mary Asante-Asamoah takes us through the key themes shared by our guests. From the power of strategic transition to the importance of nurturing entrepreneurial spirit, we reflects on the diverse insights and experiences that have shaped our understanding of family businesses.
Throughout the season, guests have shared stories of overcoming challenges, navigating family dynamics, and building legacies that transcend generations and we hope you enjoyed and learnt from them.
There's more conversations coming in Season Two!
In this episode, Zenobia Bou-Chedid, founder of Zeno's Yogurt Bar, takes us on her journey of entrepreneurial success within her family's legacy. Starting with Zeno's Yogurt, founded by her family in 1993, Zenobia shares her experience of finding her niche in the family business and venturing into her own enterprise, Zeno's Yogurt Bar – Ghana's pioneering yogurt bar.
Wearing multiple hats within the family business as a marketing, branding, and product development professional, Zenobia discusses the challenges and triumphs of managing both ventures simultaneously.
She also highlights the invaluable support and encouragement she received from her parents, which played a pivotal role in shaping the both brand's enduring success.
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In this episode, Mary chats with Dr. Gifty Quarshie-Ngissah, the Medical Director of Midway Hospital, a cherished Ghanaian healthcare legacy founded by her father in 1980. Dr. Quarshie-Ngissah candidly shares her journey of balancing the demands of clinical work with her role as a family business leader. She delves into the struggles, triumphs, and lessons learned along the way.
In the conversation, Dr. Quarshie-Ngissah highlights the pivotal role of educational fellowships in honing business leadership and management skills. Drawing from her own experiences, she offers valuable counsel to fellow female family business founders and managers, emphasizing the importance of surrounding oneself with the right support network to achieve success. Watch the visual version of the conversation here
In this episode, Mary sits down with Nana Yaw Ntrakwah Esq, Partner at Ntrakwah & Co., an esteemed law firm his father founded in 1984. In the conversation, he shares the intricacies of working alongside his siblings, as he unveils the secrets to their seamless collaboration.
Leveraging his legal expertise, he offers invaluable advice to business founders, emphasizing the importance of building appropriate structures and engaging professionals in their succession planning.
Watch the visual version of this episode here.
In this compelling episode with Mr. Anthony K. Ababio, CEO of Kofi Ababio & Sons Ltd., he opens up about his tough transition into the family business and his most difficult hurdle, navigating legal battles from his over 30 siblings.
His invaluable counsel for business founders includes the establishment of dedicated endowment funds to foster unity and support among family members.
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In today's episode, Mary sits down in a heart-to-heart conversation with her father and visionary founder of Barbex Group, Mr. Henry Tabi.
Discover the story of a family united by business as Mr. Tabi shares his journey of working with his two children, instilling confidence in their capabilities, and supporting them spiritually through the power of prayer.
In this episode, he imparts invaluable wisdom to the next generation, emphasizing the importance of proving their worth when stepping into family businesses. He also encourages founders to begin estate planning while building their business legacy, ensuring a smooth transition for generations to come.
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In this episode, Mary dives into the inspiring journey of Ms. Elaine Pappoe, Managing Director of Coneb Trading Agency Limited, a fueling solutions family business in Ghana. In the conversation, we explore the importance of open and honest conversations about transition and succession. Elaine's insights shed light on the challenges and triumphs of working closely alongside siblings, showcasing the power of family unity in business.
Watch the visual version of the conversation here