As we approach Father’s Day, it’s important to remember that dads are a precious and limited resource. My father passed away when he was 52 years old and I was 25 years old. I work hard not to have any regrets in life. I am sorry that I didn’t get more time with my father. […]
Family Business Communication
Communication is key in every family business. Find ways to overcome or circumvent the problems that can arise when communication breaks down.
Disputes are a normal part of family business life. The problem is, when the disputes are not properly dealt with they can become corrosive, damaging and even lethal to the health of the business! Here are 4 tips to help you make sure your family disputes aren’t life threatening… Take a big breath Remember when […]
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. […]
Mindset is so important. That’s why it’s one of the first skills we measure and develop in my Family Business Decathlon Coaching System. Think about it. Do a search on famous quotes by Henry Ford and the first one that comes up is, “Whether you think you can, or you think you can’t — you’re […]
Our family business rarely used outside consultants. I think that’s true of most family businesses. In our business we had over 75 years of success so there was a lot of evidence to suggest we didn’t need outside help. At one point our main manufacturer, Steelcase, insisted we employ an outside consultant. Working with a consultant […]