Coming up with a good process and solid plan for succession is probably one of the most important duties of a family business leader. I get to work with many professionals in the field of family business consulting. They come to me and ask for advice on how to help their family business clients. Here’s […]
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.
During the holidays, we think a lot about giving gifts to others. I’d like to give you an idea about a special gift to give to yourself. Make time for self-reflection regularly You’ll be amazed at some of the insights you will have if you would just stop and give yourself permission to be reflective […]
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 […]