As a part of our coaching programs, we are always giving and receiving feedback. High performers embrace performance improving feedback. Unfortunately, too many families avoid giving or receiving feedback because they take it personally and let it impact their family relationships. Critique the Performance, not the Performer I heard a great idea from Lou Holtz, […]
Family Business Relationships
Perspectives on family business relationships, how different members within a family-owned business interact with one another and tips for successful communication.
If you’ve been following me for any time, you know that I like to take lessons from the sports world. My premise is that business is a competitive sport. Here’s an good example from the pros This week I’d like to take a page out of the Playbook from Bill Belichick, the head coach of […]
Business is a competitive endeavor. The competition is getting bigger, stronger and faster every year. Sounds a little bit like the Olympics. Only the very best get the gold medal. There’s a unique challenge for family businesses. They usually make up a big part of their team by recruiting family members. That’s good if you […]
A well-run family meeting can make a huge difference on the trajectory of a family and its business. I’ve had the honor to work with several families and watch their family gain clarity, momentum, and camaraderie as a result of their annual family meetings. Most of these family leaders were unsure and hesitant at first […]
Every year I encourage you to be brave, have some fun, and have a conversation with Dad like it might be your last and most important conversation with him. This last year has been interesting, if anything. Seriously. Without even getting into a big dialogue or debate about the pandemic, my wife and I both […]