Transacting Value Podcast - Instigating Self-worth
Transacting Value Podcast

How to Align Work, Life, and Family in Business

How to Align Work, Life, and Family in Business

How to Apply Professional Development Techniques to Enhance Family Dynamics

In today's fast-paced world, professional development and business strategies are often prioritized, while personal life sometimes falls by the wayside. However, Alex Kirby, Founder of TotalFamily.io a family coaching company, suggests that the principles we apply in professional settings could significantly benefit our family lives as well.

Understanding the Family as a Team

The concept of viewing the family as a team rather than an isolated unit can revolutionize how we approach family dynamics. In business, teams work towards common goals with strategic plans and clear objectives. Kirby proposes using a similar framework within the family to strengthen relationships and improve collective well-being. This approach encourages family members to:

  1.  Define their roles
  2.  Set shared goals
  3.  Work collaboratively to achieve them

Together, these enhance the overall harmony and functionality of the family unit.

Strategic Planning for Family Success

Just as a business thrives on clear strategies and goals, a family benefits from similar planning. Kirby emphasizes the importance of having a cohesive vision for the family, especially when working with wealth management firms to plan for the future. This cohesive vision helps families manage their finances, plan for future generations, and ensure that everyone is on the same page regarding their goals and aspirations.

Making Professional Development Accessible to Families

Kirby’s coaching company aims to democratize the tools of professional development, making them accessible not only to high net worth individuals but also to a broader audience. By offering services through wealth management firms and directly to families, they bring valuable resources that can help families thrive. The idea is to start with the area of life most people consider crucial—personal life and family—and provide tools and strategies to enhance these areas.

The Role of Values in Family Dynamics

Values play a crucial role in defining the vision and mission of a family. Kirby discusses how families can benefit from defining and adhering to a set of core values, much like a business does. These values help guide decisions and behaviors, ensuring that family members act in ways that are consistent with their beliefs and goals. This alignment of actions and values contributes to a stronger, more unified family dynamic.

Conclusion

Applying professional development techniques to family life can offer numerous benefits, from improved communication and goal-setting to enhanced unity and purpose. Families can adopt these strategies to create a more supportive and successful environment, ensuring that each member thrives both individually and as part of the family team.

If you are interested in exploring more about how professional development techniques can be applied to improve family dynamics, or if you need guidance in setting up a strategic family plan, consider reaching out to TotalFamily.io and their team who specialize in this innovative approach.

 

To hear our full conversation on Season 5, episode 20 with Alex Kirby on Transacting Value, click here.