Leadership and HR in a family-owned business can be difficult. From succession planning for the next generation to hiring and managing practices that are fair and keep families in harmony, the HR professional in a family enterprise has more challenges than the average practitioner. With more than 80% of U.S. businesses family enterprises and the majority of those owned by aging entrepreneurs looking to transition the company in the next 10 years, understanding strategies to keep both the business and the family healthy are crucial if we are effective HR partners. The upside is providing solid HR leadership in a family business can be tremendously rewarding. Often HR practitioners in a family business are exposed to growth opportunities they might not see in a traditional corporate role. This session is specifically designed to address some of the unique challenges practitioners who work for family-owned enterprises face. This session will cover: Creating hiring, compensation and management policies for family members that are fair and consistent; understanding healthy governance for family business; top policies unique to a family-owned business that should be considered; and crisis management when family issues spill over into work. Learning Objectives: Understand the unique policies that can be important in a family owned business; Learn how to help owners "wear the right hand" as they function as shareholders, family members and employees; Look at how to develop leadership in family businesses, especially as they prepare for a future ownership transfer.