Thursday Mar 12, 2020

# 46 - Succession Series Part 2 - Building Trust Within Farming Families

Trust is critical to any high-performing team. Equally, it is essential to effective family-farming businesses...

Do you have a strong basis of trust and mutual respect within your farm team?

Like a muscle, trust can be worked on and strengthened over time.

Most of us just don’t know how, or where, to start.

To expand further on the topic of farm succession, I once again speak with Tony Catt, Director of Catapult Wealth, and we explore:

why trust is essential to effective succession planning,
how trust is broken,
the 3 communication and trust ‘killers’,
how to build trust where it has previously been absent,
the important roles each of us play within the family to nurture a culture of trust and respect.

Tony suggests that sometimes our focus should temporarily move away from important succession conversations until a basis of trust is re-established.

We also explore the notion that all of this is just good, professional business practice. Again, we have so much to learn from businesses who achieve a strong and powerful culture of trust within their teams.

An open dialogue as a family around this sensitive topic is a great place to start.

# 46 - Succession Series Part 2 - Building Trust Within Farming Families

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