Emotional Governance: Franco Lombardo's Journey from Financial Advisor to Family Business Coach

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Table Talk with ABFI

ABFI

20 episodes

2 months ago

Table Talk with ABFI Host: Matt Knight, Executive Director of Alberta Business Family Institute Dive into the world of family businesses with "Table Talk with ABFI." Hosted by Matt Knight, this unscripted podcast spotlights Alberta's entrepreneurial families and we'll talk about many aspects including: -Origins & Evolution: Discover the foundation of family enterprises and their transformative journeys. -Personal Triumphs: Hear heartfelt stories of individual ambition and resilience. -Family Dynamics: Navigate the intricate interplay of relationships, transitions, and generational handovers. -Growth & Motivation: Uncover breakthrough moments and strategies propelling these businesses forward. Join the conversation and be inspired by tales of tenacity, innovation, and family legacy.

Entrepreneurship

Business

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Entrepreneurship

Business

Emotional Governance: Franco Lombardo's Journey from Financial Advisor to Family Business Coach

Table Talk with ABFI

45 minutes

7 months ago

Emotional Governance: Franco Lombardo's Journey from Financial Advisor to Family Business Coach

In this insightful episode of ABFI Table Talk, host Matt Knight speaks with Franco Lombardo, founder of Veritage, about his transformative journey from financial advisor to emotional governance coach for business families. Franco shares how an ABFI event many years ago sparked his interest in family businesses, leading him to discover that even financially successful families often struggle with emotional safety within their relationships.

The conversation explores several key themes that are essential for family business success:

Emotional Governance: Franco explains how traditional governance documents alone cannot manage family dynamics; families need emotional governance systems that help members feel safe, respected, and included in decision-making.
Safe Space Creation: Through his coaching approach, Franco helps family members understand their behaviors, identify emotional triggers, and create environments where authentic communication can flourish.
Next Generation Preparation: The discussion highlights the delicate balance between supporting children and allowing them to face challenges, with practical examples of how parents can avoid enabling entitlement.
Legacy Beyond Finances: Franco emphasizes that a family's most valuable asset is its human capital, suggesting that the greatest legacy is raising responsible, contributing children rather than simply transferring wealth.

This episode offers valuable insights for family business leaders struggling with succession planning, family dynamics, or raising next-generation leaders who will steward the business responsibly. Franco's frameworks provide practical tools for addressing the emotional underpinnings that often determine whether a family business thrives across generations.

Listen to the full episode to discover how implementing emotional governance practices can transform your family business relationships and create a foundation for sustainable success.

Learn more about ABFI at https://abfi.ca/, connect with Matt Knight at matt.knight@ualberta.ca or LinkedIn https://www.linkedin.com/in/mattknight/ or Twitter @mattaknight

Learn more about Veritage at https://veritage.ca, connect with Veritage at admin@veritage.ca

This series is proudly produced by the team at Road 55 - located in Edmonton, Alberta. For more information, please visit: www.road55.ca