After two decades of working closely with families, I have frequently observed a few key ingredients that are often missing when it comes to creating a stronger and more cohesive family unit. Practice a Warm Heart, Open Mind and Curiosity A warm heart, an open mind, and curiosity – these may seem like simple attributes, […]
Unlocking Holistic Success: A Multi-Faceted Approach to Measuring Family Business Achievement
There are numerous metrics to gauge success in a family business. The most apparent ones include: Profitability Market share Retained earnings Cash flow However, at times, it’s the intangible measures that can induce the most stress. Over the years, I’ve developed a system to assist families in assessing crucial key outcomes. Remember, a 20-year research […]
One Move to Create More Personal Responsibility
Some people seem to be having a hard time taking personal responsibility for their results. I’m not sure why that is happening but it seems to be more prevalent than ever on today’s business teams. It’s your job as a leader to help create the environment where everyone takes responsibility for their personal results. I […]
5 Great Questions to Ask Dad This Father’s Day
My father passed away when he was only 52 and I was 26. As you can imagine, I would give anything to spend more time with him. I’m on a mission to help families make the most of their precious time together. One of the most impactful skills for a good coach is to learn […]
Learning to Work With Dad Can Be Rewarding if Done Right
Working alongside your father in a family business can be a unique and rewarding experience. It offers the opportunity to learn, grow, and contribute to a shared legacy. However, this collaboration also presents its fair share of challenges. Learning to navigate these obstacles requires patience, acceptance, and a deep respect for one another, ultimately fostering […]
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