Lately I’ve been studying the design of psychological thrillers to determine what I like and don’t like. And what I might adopt or discard in my writing. After identifying best sellers with over 5 million copies sold, from contemporary male authors, I settled on Alex...
Sample excerpt from Legacy Locked
Copyright © 2025 by D.W. Gray, PhD. All rights reserved. Thank you for purchasing an authorized copy of this book and for complying with international copyright law. No part of this book may be reproduced or used in any manner without the prior written consent of the...
Read my new psychological thriller: Legacy Locked; A high-stakes family battle where power, money and bloodlines collide
From the back cover: They inherited material wealth. And chaos. Will, Harper, and Nora Lee Dawson are heirs to a vast Southern empire. But when their father dies without a will and their calculating mother disappears, the family’s motto becomes a curse. Do they...
Why Family Wealth Transfers Fail (And How To Beat the Odds)
Over decades of work with family business leaders, wealth advisors, and family office professionals, I see the same pattern. Failures result from too much dependence on financial and legal matters. People are emotional. Families are doubly emotional! Right? Think...
The Human + AI Equation: Practical Applications for Families and Small Businesses
March 11, 2025 Adapted from a conversation with Doug Gray, PhD and Israel (Jon) Hillegeist on cutting through AI noise and finding real solutions With so much noise surrounding artificial intelligence these days, it's easy for leaders to feel overwhelmed. Is AI just...
Leading in the Era of AI: Cutting Through the Hype for Real Business Value
Let's get real... By Doug Gray, PhD Artificial intelligence dominates headlines with promises of revolutionary change, so it's easy to feel overwhelmed by the noise. But beneath the hype and buzzwords lies tremendous value that can be applied immediately—particularly...
AI Adoption in Family Business: Balancing Trust and Tech
Summary: In a time of rapid AI acceleration, family business leaders must balance innovation with intergenerational trust. Here are six key risks—from data privacy to ethical forecasting—and practical AI applications already transforming client engagement. Drawing on...
Recent Podcasts
How to Assess Next Gen Leaders; Creating Competitive Advantages for Advisors and Family Enterprises In this episode: Rod Zeeb & Doug Gray, Co-Founder of Assess Next Gen and a Consultant with The Family Business Consulting Group, discuss trends in both qualitative...
How should OKRs be measured?
In a word: Regularly. In two words: Regularly and Repeatedly. The fact is that OKRs are a feedback process that requires regular practice. Objectives are WHAT is to be achieved. They are qualitative, subjective, and significant. For instance, "increase revenue" or...
Leadership Secrets – AI in Decision-Making (Transcript + Summary)
Leadership Secrets – AI in Decision-Making (Transcript + Summary) Source: YouTube video is at https://www.youtube.com/watch?v=IcInhnMACMI Summary In this episode of The Leadership Toolkit, Mike Phillips interviews Doug Gray, Ph.D. about using AI to improve leadership...
Why do I write? A short intro…
As a kid Born in Denver, CO. Then our parents moved 14 times in 4 states before I went to college. So, I learned to land with my feet under me. Eagle Scout who wanted to play pro hockey. College in NY and MN and NH. Multiple careers since then. Prep School teacher for...
Objectives + Key Results (OKR) Leadership
How to apply Silicon Valley’s Secret Sauce to your Career, Team, or Organization Doug Gray, PhD, PCC Action Learning Associates, LLC www.Action-Learning.com Gray Publications Franklin, TN, USA Testimonials “Doug’s leadership training of the OKR process has been...
Family or Financial Capital- what goes first?
Family Capital is defined as durable family harmony and governance. Financial Capital is any investable asset - time, treasure, tithe or truths. I’m not sure which form of capital goes first. But I am sure that values drive behaviors. We love our children, and we...
Business Conflict Myths and Succession Facts
You know the myth: Business succession is difficult and full of conflicts. The myth is that outrageous Hollywood movies like Succession, The Godfather, Dallas or Dynasty are the norm. The myth is that tax advisors are never able to minimize...
The Family Business Chaos Myth You Should Avoid
A grey-haired patriarch recently told me, “I love my kids and grandkids. But I don’t trust their ability to manage my money when I’m gone. My lawyer tells me that I need to restrict their access. What do you recommend?” This Family Business Chaos...
Interdisciplinary Knowledge for Better Consulting
Recently I read Wealth 3.0. and the authors state that interdisciplinary knowledge is one of the key predictors of success for consultants. I agree. After a recent client engagement, my colleague said, “I never would have asked about the topics you brought up-...
Crazy Cathy Needs Your Advice
Imagine that you meet someone like Crazy Cathy. She may not look like this image... IF you had to work with her, now imagine that you had a cheatsheet like the following one… for key behaviors, her preferred communication style, and what NOT to say to her. Behavior...
How to Use the HERO Model
... for individual changes I’m often surprised at what business psychologists know, that advisors could benefit from knowing and practicing... This content is #1 of 3 articles. Title: The HERO Model: An approach for Navigating Organizational Changes in...
A positive psychologist walked into a bar
... just to savor the possibilities. He stood there for so long that a gigantic security guard said, “You can’t just stand here.” No response. Then the guard said, " If you don’t move along then I’ll have to fine you $100.” Still no response. Then the guard...
Three Essential Skills to Thrive in the AI Revolution
The rise of artificial intelligence is not on the horizon. It’s already here. Read Harvard Business Review, Forbes, The Conversation app, or any news post. As Peter H. Diamandis writes in Metatrend #2: AI & Quantum (2024), the question isn’t whether AI will change...
How to Develop Hope
... especially for your Family Office The Future of Family Offices: Why Multidisciplinary Teams Are Essential The goal of every family office is the same- to serve the financial and capital needs of current and future generations. However, the process is...


