Most family business issues can be traced back to a communication issue. A few examples might be: Lack of clear expectations Unhealthy relationships left unresolved Lack of shared vision and values One of the things I value and try to bring to my work is to be practical. Rather than high-level theory, I want to […]
Coach Pete's Best Plays
The best-of-the-best advice from family business coach Pete Walsh.
I heard Bill Belichick, Coach of the New England Patriots say, “Bowling and movie night is one of the most important and enjoyable nights for our team every year.” It’s hard to question his formula since Belichick has won six Super Bowls. That’s more than any other coach in NFL history! He went on to […]
I had a conversation with a 3rd generation family business player last week. It went something like this… “I was getting ready for the family meeting and I was thinking, ‘There’s no way this meeting is going to be successful.’” I asked her a simple question, “Can you see how YOUR MINDSET could actually have […]
What’s most important to today’s younger generation is to have a feeling that they are doing meaningful work. An important part of that is having a meaningful vision. Some family businesses haven’t updated their vision to help engage and inspire the next generation in business. Us “older gen” think – “If it ain’t broke don’t […]
First and foremost, hopefully your family will take time this weekend to remember any of your family members who served and made the ultimate sacrifice for our country. In our family, my Uncle Richard Walsh graduated from Wharton before he served in World War II and gave his life as a torpedo bomber in the […]