In this episode of Beyond Succession, host Leah Tolton, Partner at Bennett Jones LLP, is joined by Matt Knight, Executive Director of the Alberta Business Family Institute, to explore how family-owned businesses can thoughtfully engage with AI. From the paradox of patient capital to the challenges of multi-generational decision-making, this conversation offers a roadmap for family enterprises navigating digital transformation without compromising legacy.
Highlights:
- Why family businesses are uniquely suited yet often reluctant to adopt AI
- The existential risks of waiting too long
- How reverse mentorship and creative coaching can bridge generational divides
- A practical “three-role framework” for implementing AI as a digital assistant, data wizard or creative coach
- Why values-driven cultures can be an ethical advantage in the age of AI
