more-arw search

Q&A Forum

Our Strategy Is Not To Change Our Strategy


"What would you recommend a finance leader can do to avoid unclear or outdated strategy within a closely held or family business?"

This question was asked at a recent webinar, now available on-demand:

"Business Strategy & Leadership: Plan, Execute, Win!"

Please add your thoughts about it below. Thanks!


Patrick J. Stroh
Title: Advisory Board
Company: COSO
(Advisory Board, COSO) |

I'd suggest starting with facts. Those family leaders and owners should be coming to you for facts - so give them the brutal facts. You are their finance leader and adviser - make sure they understand the risks of unclear and outdated strategies - depersonalize it by talking about best practices or how others have failed due to this - and share that you are trying to be proactive and can help avoid this.

Good luck!


Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email [email protected] to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.