About the Family Business Strategy Group
Meghan Juday, Founder of Family Business Strategy Group, has developed a process for helping families define their vision, values and strategies to ensure continued stewardship of the family enterprise. FBSG works with families who recognize the need for a strong partnership between the family and business but require a framework. This framework, adapted for each family, is used to build a family governance that supports strong stewardship of the business, leadership development, smooth transitions from one generation to the next, and clear policies and processes that supports the family’s ability to act, not only as stewards of the business, but as stewards of family relationships.
About Meghan Juday
Meghan Juday is an enthusiastic champion for family business. Her dedication to the global family business community is rooted in her experience as the fourth generation leader and director of the IDEAL Industries family. It was there, in her family’s business, that she developed a real heart for stewardship, and it is evidenced in her work with families as principal of the Family Business Strategy Group and as director of the Initiative for Family Business and Entrepreneurship at Saint Joseph’s University.
For the past 12 years, Meghan has been the IDEAL Family Council Chair and a director on the IDEAL Industries board of directors, a primarily independent board. She also chairs the Nominating and Governance Committee. Her work at IDEAL builds on her years of experience as a business analyst and project manager at CSC, Computer Sciences Corporation. She has consulted for diverse clients in the private and public sectors and is a dynamic public speaker. Meghan also worked closely with the Loyola Family Business Center (LFBC) to develop the Family Business Stewardship Institute and Governance Institute. Meghan developed and implemented the interactive website for the Stewardship Institute, and served on the ongoing committee to help develop the Institute’s curriculum.
In her role as director of the Saint Joseph’s University’s Initiative for Family Business and Entrepreneurship, Philadelphia’s only university-based family business center, Meghan leverages her experience as a family member of a family business and family business consultant to develop relevant and meaningful programming for family businesses and service providers.
Education and Training
Meghan was one of the first graduates of the Family Business Stewardship Institute at the LFBC. She also sits on the Finance Committee at the Germantown Cricket Club, a non-profit organization. Meghan has a BA from St. John’s College in Santa Fe, NM where she graduated in 1994 with a concentration in Mathematics and Philosophy.
Family Business Magazine Jan/Feb 2013 issue: Creating a family strategy
Family Business Magazine Nov/Dec 2014 issue: How to develop a deep bench of qualified family directors
Crain’s Chicago Business June 2015: How to protect and grow family wealth across generations
Philadelphia Inquirer October 5, 2015: Tips on keeping a family business going
Daughters in Charge | Episode 014: How to Assure that the Family Business and the Family Sustain Their Legacy
Daughters in Charge | Episode 031: A father and daughter talk about how their family managed succession