Family members may have severed connections, but they can attempt strategies to move forward.
Lance Woodbury
DTN Farm Business Adviser
Lance Woodbury is an adviser to family-owned and closely held businesses, including farm businesses. He helps them plan for the future and implement ownership or management strategies that improve their effectiveness.
He also has an interest in his family's ranch near Garden City, in western Kansas.
From 1996 to 2009, Lance led the family-business-consulting efforts of the regional accounting firm Kennedy and Coe. He also managed several offices, led the firm's largest practice group, and served on the firm's management board and its human resource committee.
Lance earned his MBA from Purdue University, his MS in Conflict Analysis and Resolution from George Mason University, and a BA in History and Government from Sterling College. He is a graduate of the Kansas Agriculture and Rural Leadership program and holds a Certificate in Family Business Advising. Lance is a member of the Association for Conflict Resolution and is a Fellow of the Family Firm Institute.Recent Blogs by Author
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Positive outcomes are possible through forgiveness, acceptance and admitting fault.
More From This Author
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Family Business Matters
While we often talk about transitions in the context of succession planning and retirement, there are other transitions that can happen on family farms and ranches.
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Family Business Matters
Family farms need to put more emphasis on guiding the hard-to-manage areas of their operations.