In honor of National Siblings Day I thought I’d give you a simple exercise to improve sibling communication. An important part of family business succession is learning to create a strong team built upon respect and open communication. One key ingredient to building respect is to know how your performance is viewed by your teammates. […]
Family Business Accountability
Perspectives on accountability in family owned businesses including challenges with taking on accountability, fairness in expectations as well as how to effectively make others accountable.
I’ve always said, “You find out a lot about people when things get difficult.” You find out a lot about your family when you face challenges. In fact, dealing with a crisis can be an invaluable part of a family business succession process. The family gets to see how everyone reacts under stress. Strong leadership […]
You only have this one life. You have choices. You can bounce along and “go with the flow” or you can “dream big and aim high!” For twenty years I’ve watched and provided encouragement and support as clients make a decision to want a happier, more fulfilling life for themselves. It’s been so rewarding watching as […]
Behind every great business you’ll find a culture of accountability. Behind every great family you’ll find a culture of accountability. Be Accountable for Results Long-term business success requires the ability to consistently produce results. That means everyone in the organization understands the importance of being accountable. Their employment is based upon their ability to be […]
Lee Watson started his equipment rental business, Kachina Rentals in 1974 in Sacramento, California. Lee has always prided himself on the fact that he has the largest rental fleet and the most competitive prices in the region. No one has a better rental business in the area. Lee is now in his mid-70s and is […]