Few conceptual models withstand the test of time, especially in today’s rapidly-changing environment. The Three-Circle Model of the Family Business System is a rare exception that—now 40 years later—remains practical, useful, and adaptive to our evolving world. When Harvard professor, Renato Tagiuri, and doctoral student researcher, John Davis, created the Model in 1978, they developed it as a useful way to organize and make sense of family businesses—a poorly understood form of enterprise they were studying. Decades later, family businesses worldwide still put to use this simple but profound Model to deepen their insights about family businesses – to diagnose challenges, defuse tensions, deepen understandings of others’ perspectives, see the need for change, and draw many other benefits.
The Three-Circle Model is far from just a theoretical tool. Listen to how a 5th generation business leader explains how his family businesses applied the Three-Circle Model: “The simple insight of the Three-Circle Model was revelatory for our family. The fact that the circles are related but distinct, each with their own perspective, but linked, was illuminating. If one circle is unhealthy in its approach, it will affect the others. That was a significant shift for us.”
Join a special conversation with Professor John Davis, the co-creator of the Three-Circle Model and Frank Tobé, Head of Marketing and Client Experience at Trusted Family. John explores the Model’s pragmatic uses, the depth of insight it can bring to any family business situation, how relevant the Model remains today, and the future of the Model. Professor Davis also demonstrates how to use the Model–with a case example of a family business–to show the power of its wisdom for family members, non-family executives, educators, researchers, and advisors who want to more deeply understand and help a family business system.