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aug/sep 2009
19
Possum Magic: Margot Spalding
Margot Spalding is the co-founder and director
of Jimmy Possum Furniture Pty Ltd, a family
owned and run furniture design and produc-
tion company. Spalding and her husband Alan
employ five of their seven children. A blended
family, three of the children came from her pre-
vious marriage, two from Alan's and one from
this union. "It makes it more complex, I sup-
pose, but we have strong common values that
run through all our relationships ­ personal,
family and business," Spalding observes. "I lost
my entire family ­ parents, brother and sister,
when I was about 15, so that might explain why
we're so close now."
Jimmy Possum employs 130-plus, manufac-
turing and selling more than a thousand prod-
ucts through five own-name retail stores and
supply contracts with 66 stores across Austral-
ia. Spalding won the national Telstra Business-
woman of the Year Award in 2006. Involving
the children as the business grew was a natural
step but they all had careers outside of Jimmy
Possum. "Alan has always said, `don't come to
the business until you can bring something to
it' and we encouraged all the kids to do some-
thing for themselves.
Spalding is "enormously proud" of her fam-
ily and features them in company's marketing
material: "They add a foundation of core values
to the business. I am also aware that the rest of
the company is very watchful of family mem-
bers within the business, and they know they
have to behave impeccably because of it."
So what happens when there is conflict at
work? "We believe that everyone has the right
to be heard and we provide training to assist
that participation. Having said that, if someone
doesn't choose to speak up in a meeting they
can't come to me afterwards and say they don't
like something. They have their chance."
Philippa Taylor's Golden Rules:
1.
Never undermine family
members in front of others
2.
Listen to others ­ don't do all
the talking
3.
Never act as a go between
­ encourage family members to
speak directly to each other
4.
Cultivate interests outside the
business to maintain balance
5.
Address conflict
constructively ­ don't avoid it
6.
Don't expect to govern by
consensus on all business
decisions ­ sometimes you have
to go with (or accept)
the majority vote
>>>
The Spalding Family