This week I want to look at a couple of different concepts in the domain of family enterprise advising.
They are two separate ideas that happen to also be related, and I want to see what we can learn from the intersection.
Art AND Science
In 2014 in Family Business Advising: Art vs. Science I wrote:
“What it comes down to in many ways is that it is an art to deal with the family, while dealing with the business is more of a science.
To be a good family business advisor, you need to be able to bridge both of these, art AND science.”
I’ve repeated this often since then, and still believe it today.
Many people who work with family businesses have a preference for the art aspect or the science side, and I think that’s only normal.
Honing your Craft
While constrasting art versus science is pretty easy for most people to grasp, the other idea may be less clear, and that’s the idea that advising families is a “craft”.
When I first heard this from a respected thought leader in our field, I tilted my head to the side to consider it, and then began nodding in agreement.
Arts AND Crafts?
So the intersection of “art” from the world of “arts and science” and the concept of a “craft” that one hones over a career, has been simmering in the back of my mind for a while now.
Ergo this blog post on “Arts and Crafts”, which is a pretty common term, but from a completely unrelated area.
Could it be that working with families on transitioning their wealth to the next generation is akin to “arts and crafts”?
“OK Google, What’s a craft?”
According to Google, a craft is:
noun, “an activity involving skill in making things by hand”.
While I like the first part about the need for skill, the second part, about making things by hand, may not fit with where I thought this was going.
How about “craft”, the verb?
There, we get “(to) exercise skill in making (something)”.
Again, there’s an emphasis on what the craftsperson is making, which brings up a whole other set of issues when the subject is family enterprise advising.
What are we trying to “make”, a harmonious family? (That may be a future blog post.)
How About an Artisan?
What if we switch languages?
A “craftsman” in French is an “artisan”, which also happens to be a word used in English. Maybe we’re on to something.
An “artisan” is a worker in a skilled trade, especially one that involves making things by hand. Hmmm, feels like we’re back at the same place, until we see the next line:
Artisan (of food or drink): made in a traditional, or non-mechanized way using high-quality ingredients.
I think I finally found what I was looking for!
The “non-mechanized way” that an artisan does something is essential to it being a craft. Let’s run with that.
The Non-Mechanized Art
The art of working in the family circle has always felt to me like there was some sort of “flying-by-the-seat-of-my-pants” quality to it.
I always liked that aspect of it, being confident in my ability to respond to whatever presents itself in a meeting with a group of family members in a way that promotes calm, clarity and connection.
The “non-mechanized” aspect of a craft just adds to that understanding.
There is no checklist or flowchart that tells me what to do next.
Arts and Crafts = No Accident
Bottom line, I guess I had never thought of arts and crafts as being a part of what I do.
Then again, I have been fascinated by another French/English term that I have heard used in recent years; Bricolage.
My primary schooling was in French, and on Friday afternoons we did plenty of “bricolage”, while friends of mine going to English schools were doing “arts and crafts”.
So, from oxforddictionnaries.com,
Bricolage: noun, construction or creation from a
diverse range of available things.
Developing Family Governance
When I think about what it takes to support a family through the efforts of developing their custom-made family governance systems and structures, the term “bricolage” actually fits pretty well.
There’s lots of art, and also plenty of craft.
And if the family was involved in it, they will like the result, even if it isn’t beautiful to outsiders.