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 […]
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.
Do you know the importance of learning how to express gratitude? It seems simple, yet I’m still amazed in 20 years of family business consulting how many families are really pitiful at expressing appreciation and gratitude. So you might ask me why is that even important? Energy is contagious. When you can learn to look […]
Being successful in business can be difficult. Most markets my family business clients work in are competitive and getting more crowded with competitors every day. That means you are going to have to work hard, work smart and be innovative if you ‘re going to create a long-term successful business. You better love what you […]
At the beginning of the year great businesses, great families and great teams set goals for themselves. Great teams also realize that they need to continue to focus on improvement. If you were a great team last year, it doesn’t mean you’ll automatically be a great team next year. One of the things I’ve noticed […]
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 […]