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Home » 360 Feedback – Powerful Tool for Potential Successors

360 Feedback – Powerful Tool for Potential Successors

Coach Pete discusses how to give and receive real feedback regarding family members in the business.

Understandably, we can all get a little squeamish when thinking about getting feedback from a family member.  As relatives we share a bond with our families that go beyond an employee/employer dynamic.  But is important from a business perspective to receive honest, unfiltered feedback, no matter how gut-wrenching the idea may seem.  This is simply a matter of hearing real data about our performance.

Many family businesses face the challenge of avoiding getting real constructive feedback from one another.  When we avoid getting real feedback in a family business based on family loyalties and traditions, we can miss out on opportunities to grow, instill an unhealthy or unrealistic sense of confidence, or begin a pattern of avoiding straight-talk.  Even the best family businesses will struggle if they do not continue to get better and better at these practices.

In this video, Coach Pete gives you the deliberate practice steps than can help lead to identifying meaningful development goals, demonstrating desire to improve, and creating a culture of accountability for positive results.  When we get feedback, it also helps us set goals for ourselves as well as a system of rewards or punishments for attaining or not attaining our goals! Make getting feedback one of your family business deliberate practices today, and as always, get out there and play to your potential!

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Family Business
Performance Center

Pete Walsh, MC

Phone: 602-952-9015
Email: pete@peakcoach.com

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