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Closing the Gap: Why family members do not see things the same way and what to do about it.

The Secret Thoughts of CEO's Podcast

Release Date: 08/12/2024

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With a unique background in finance and mediation, coupled with a passion for culture and education, Monica has traveled the globe extensively – exploring all opportunities to continuously enhance her skill set and personal growth. Around the world, she has had the good fortune to learn from some of the most renowned names in her field.

Having previously worked in accounting and finance with corporate giants, Coopers and Lybrand (now PwC), and Rogers Cablesystems, Monica’s initial foray into business began with her family’s manufacturing company – Balthes Farm Equipment. Growing up in a family business, Monica learned the importance of family values, vision, passion, and commitment. This early imprinting ultimately led to her lifetime quest to understand best practices in business and communication skills, and how to live a happy life.

Many years later, she went through the business transition process with her own parents’ company, Kooljet Refrigeration Systems. This experience gave her first-hand knowledge about the complexities of family business systems and how challenging that transition can be.

Monica’s dedication to helping individuals and businesses reach their potential inspires her to work with companies ready to transform their corporate culture. Her experience, coupled with her holistic view of relationship management, supports her clients’ commitment to clarify their objectives and create a profitable, harmonious, and sustainable future.

Monica received most of her formal education in Canada, completing her undergraduate degree in Economics at the University of Western Ontario. She is a Certified Professional Co-Active Coach, a Certified Management Accountant in Ontario, Canada, and holds a Master of Business Administration degree from the Schulich School of Business at York University. In addition, Ms. Clare holds a diploma in International Studies from the Diplomatic Academy of Vienna, Austria, and studied Modern World Systems and Comparative Political Economy with California Polytechnic State University in Thailand. She has recently obtained her FEA (Family Enterprise Advisor) certification with the FEX (Family Enterprise Exchange).

While living in Europe for 20 years, Monica also accepted invitations to instruct college and university courses.

 

 

What You’ll Learn

      How to resolve differences in perspectives.

      How ego affects decision-making.

      How to face the fear of conflict.

      How to unfreeze the lens around trauma.

 

Timestamps

·       [09:13] A bit about Monica.

·       [11:13] Defining conflict.

·       [13:12] Differing family perspectives.

·       [15:15] How the ego affects decision-making.

·       [22:34] How to face the fear of conflict.

·       [26:33] Strategic vs soft skills.

·       [30:48] Helping someone understand a different perspective.

·       [37:37] The epigenetic factor.

·       [41:31] Freezing people in time.

·       [49:48] The next executive forum.

 

Memorable Quotes

·       “The information that you have determines how you make your decisions.” – Monica Clare [14:18]

·       “There is an intuitive aspect of our decision-making.” – Monica Clare [29:28]

·       “That’s just the way they see things right now.” – Monica Clare [46:16]

 

Websites

fambizforum.com.

www.chrisyonker.com.

www.monicaclare.ca.

Monica Clare.