The Enlightened Family Business Podcast

• The Inner Work of Leadership in a Family Business with Kevin Hancock

  The Enlightened Family Business Podcast Ep. 147: The Inner Work of Leadership in a Family Business with Kevin Hancock In this episode of the Enlightened Family Business Podcast, host Chris Yonker interviews Kevin Hancock, Chair of Hancock Lumber, about his journey and transformation in leadership. Kevin shares his personal and professional challenges, including losing his father to cancer, navigating a significant economic recession, and coping with a rare voice disorder. Kevin's experiences led him to initiate major cultural changes at Hancock Lumber, focusing on putting employees first and fostering authentic, meaningful work environments. He also discusses his connection with the Pine Ridge Indian Reservation, where he found inspiration and a new perspective on leadership and the human experience. The episode delves into themes of self-discovery, healing, family business governance, and preparing future generations to lead with heart and authenticity. ·       00:54 Meet Kevin Hancock: A Legacy of Resilience ·       03:42 Navigating Personal and Professional Challenges ·       13:36 The 2008 Economic Crisis and Its Impact ·       18:58 A Journey of Self-Discovery and Healing ·       27:25 Finding Purpose at Pine Ridge ·       32:22 The Emotional Draw to Pine Ridge ·       36:25 The Power of Presence and Authenticity ·       40:21 The Impact of Prioritizing Employee Experience ·       50:47 The Role of Ownership and Family Legacy ·       59:24 The Importance of Inner Work and Self-Discovery Websites: ·       fambizforum.com. ·       www.chrisyonker.com ·       hancocklumber.com ·       doortwo.com   Kevin's Books Not For Sale: Finding Center in the Land of Crazy Horse The Seventh Power: One CEO's Journey into the Business of Shared Leadership 48 Whispers from Pine Ridge and the Northern Plains Kevin's Bio: KEVIN HANCOCK is the Executive Chairman of one of America's oldest family businesses as well as an award-winning author and nationally recognized public speaker. Established in 1848, Hancock Lumber Company is led by its 720 employees operating 12 lumberyards, 3 sawmills, a truss manufacturing facility, and timberlands in Maine, New Hampshire, and Massachusetts.  Since 2014, Hancock Lumber has been recognized with the 'Best Places to Work in Maine' award. The company is also a recipient of the Maine Family Business of the Year Award, the Governor's Award for Business Excellence, the ProSales National Dealer of the Year Award, and the Maine Retailer of the Year Award. Kevin is a past chairman of the Northeastern Retail Lumber Association, the National Lumber & Building Material Dealers Association, and the Bridgton Academy Board of Trustees.  Kevin has also served of the Board of Directors for the Hussey Seating Corporation in Maine, the Seneca Sawmill Corporation in Oregon, and the Maine Indian Tribal State Commission. Kevin is a recipient of the Ed Muskie 'Access to Justice' Award, the Habitat for Humanity 'Spirit of Humanity' Award, the Maine Development Foundation 'Ken Curtis Leadership Award', and the Maine Basketball Hall of Fame 'Directors Award'. Kevin also partners with the executive coaching firm DoorTwo to provide senior management training programs around the concepts of shared leadership, dispersed power, and deep employee engagement. Kevin is a frequent visitor to the Pine Ridge Indian Reservation in South Dakota and an advocate of strengthening the voices of all individuals—within a company or a community —through listening, empowering, and shared leadership.  He is a graduate of Bowdoin College and lives in Maine with his wife Alison.        

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• How Great Leaders Turn Challenges into Puzzles with Radhika Dutt

  The Enlightened Family Business Podcast Ep. 146: How Great Leaders Turn Challenges into Puzzles with Radhika Dutt In this, the first episode of the Enlightened Family Business Podcast, host Chris Yonker engages with guest Radhika, a seasoned advisor and published author, to discuss transformative strategies for family businesses. They delve into the concept of replacing traditional goal setting with a 'puzzle setting and puzzle solving' approach, emphasizing curiosity, adaptability, and collaborative learning. The discussion explores how family businesses can navigate succession, integrate innovative thinking, and balance risk while fostering clear communication and family alignment. This episode offers valuable insights for family business owners and leaders seeking sustainable growth and harmonious leadership transition. ·       00:55 The Old Model of Goal Setting ·       01:49 Guest Introduction: Radhika's Background ·       06:37 The Puzzle Setting Approach ·       07:38 The Importance of Succession Planning ·       16:52 The Problems with KPIs and Target Setting ·       21:48 Shifting from Goals to Puzzles in Business ·       23:44 Implementing Puzzle Solving in Sales ·       28:02 Collaborative Learning and Curiosity ·       33:11 Navigating Family Business Transitions ·       38:54 Balancing Risk in Family Businesses ·       41:24 Learning from Other Industries ·       43:59 Conclusion and Resources Websites: ·       fambizforum.com. ·       www.chrisyonker.com ·       OHLS Toolkit ·       linkedin: @radhika-dutt Radhika's Bio: Radhika Dutt is the author of Radical Product Thinking: The New Mindset for Innovating Smarter which has been translated into Chinese and Japanese. The methodology she introduced in her first book is now used in over 40 countries. She is an entrepreneur, speaker, and product leader who has participated in five acquisitions, two of which were companies that she founded. She is currently Advisor on Product Thinking to the Monetary Authority of Singapore (Singapore's central bank and financial regulator), and does consulting and training for organizations ranging from high-tech startups to multinationals on building radical products that create a fundamental change. Radhika has built products in a wide range of industries including broadcast, media and entertainment, telecom, advertising technology, government, consumer apps, robotics, and even wine. She graduated from MIT with an SB and M.Eng in Electrical Engineering, and speaks nine languages. Radhika is now working on her second book – it's about why goals and targets backfire and what actually works.  

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• Welcome to the Enlightened Family Business Podcast

  Welcome to the Enlightened Family Business Podcast. In this inaugural episode of the Enlightened Family Business Podcast, host Chris Yonker introduces his unique approach to family business advising. Shifting focus from traditional elements like structures and finances, Chris emphasizes the importance of communication, inner awareness, alignment, and adaptive governance to create lasting legacy and harmony. Drawing on his 15 years of experience, Chris shares insights into navigating critical transitions such as generational succession and cultural shifts. Listeners are invited to explore deeper strategies for thriving family enterprises and to join the conversation through free webinars and forums hosted on chrisyoker.com. ·       00:00 Introduction to the Enlightened Family Business Podcast ·       00:54 Purpose and Vision of the Podcast ·       01:04 Host's Background and Philosophy ·       01:35 Exploring Key Themes and Frameworks ·       01:58 Call to Action and Resources Websites: ·       fambizforum.com. ·       www.chrisyonker.com  

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• The ROI of Inner Work: Why Conscious Leaders Outperform with Michael Brabant

  Secret Thoughts of CEOS Ep. 145 The ROI of Inner Work: Why Conscious Leaders Outperform with Michael Brabant In this episode of 'Secret Thoughts of CEOs and Business Leaders,' host Chris Yonker delves into a profound conversation with Dr. Michael Brabant, a PhD, who specializes in leadership and personal development. They explore the future of leadership, emphasizing the importance of vulnerability, authenticity, and psychological safety within organizations. Dr. Brabant shares his personal journey, discussing his work on integrating higher states of consciousness into leadership and recounting his path from academia to leading meditation retreats and coaching top executives. The discussion also covers the interplay between individual and collective growth, the significance of nervous system regulation, and the transformational potential when leaders model true openness and humility. This episode offers valuable insights for leaders looking to deepen their impact and foster a more connected and empowered workplace.   ·       01:01 Exploring Leadership with Dr. Michael Brabant ·       02:38 Michael's Journey and Insights ·       07:46 The Importance of Vulnerability in Leadership ·       15:52 Navigating Family Systems and Truth ·       25:28 Codependency and Sovereignty in Leadership ·       31:33 Inner and Outer Leadership Dynamics ·       36:41 Emergent Leadership and Consciousness ·       44:11 The ROI of Inner Work for Leaders ·       48:46 Conclusion and Resources Quotes ·        " I think that in a world of AI and spoken wisdom that's not lived. People can try to close the gap of who they want to be and who they actually are by rhetoric and by tactics, and by complexity."[03:36] ·        "  Most people aren't vulnerable unless they have to be."[11:40] ·       "  And if my sparkler is lit because I'm lit, I have a lit relationship with my wife. I have a healthy relationship with my body. I'm connected spiritually. When I'm in my leadership role, I'm catalytic. I'm spiritually contagious, and it helps to light people's sparklers.' [45:04]  Websites: ·       fambizforum.com. ·       www.chrisyonker.com ·       candorandcoherence.com ·       Instagram: @candorandcoherence  

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• Family Business at a Crossroads: Navigating Relationships, Governance & Legacy with Ruschelle Khanna

  Secret Thoughts of CEOS Ep. 144 Family Business at a Crossroads: Navigating Relationships, Governance & with Ruschelle Khanna. In this episode, host Chris Yonker delves into the intricacies of family business management with guest expert Ruschelle Khanna. They discuss the importance of family governance, handling narcissistic family members, and breaking cycles of resentment. Ruschelle shares her journey from therapy to working with ultra-high-net-worth families and offers actionable advice for next-gen leaders in family businesses. Listeners are encouraged to seek support and set clear boundaries to foster healthier family dynamics and long-term business success.   ·       01:31 Guest Introduction: Rochelle's Journey ·       07:08 Chris Yoker's Background and Personal Story ·       08:09 Understanding Family Dynamics and Trauma ·       15:40 Navigating Family Business Challenges ·       23:49 Dealing with Narcissistic Family Members ·       28:42 Navigating Narcissistic Relationships ·       30:52 Setting Boundaries with Narcissists ·       32:32 The Importance of Family Governance ·       37:14 Educating the Next Generation ·       43:04 Addressing Family Resentments ·       49:53 Taking Action on Family Issues Quotes ·        "I started to see this overlap between. Money and health and family patterns and how it's all, we can't separate it at all." [05:58] ·        " Do some work yourself, because you're the ripple that is gonna start impacting the rest of the family. And when you shift your whole family shifts."[19:02] ·       " Yeah, because it's both, right? There's what a lot of times it's like, look, I believe you. Your family's difficult. I am not discrediting that. But you also are bringing a bunch of stuff that is probably not helpful, and that's usually what I see.' [52:09]  Websites: ·       fambizforum.com. ·       www.chrisyonker.com ·       ruschellekhanna.com ·       LinkedIn: @ruschellekhanna

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