Simply put, a team is “a group of people working towards a common goal.” “A family-owned business may be defined as any business in which two or more family members are involved and the majority of ownership or control lies within a family.” (INC.) Therefore, Family Business Team Building is a process that enables a […]
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.
Weekend Reads – Coach Pete says “Let’s teach your family how to talk straight.”
We just completed another Fundamentals of Family Business Success program with a family group this week…it’s so great to see families expand their business tool kit and have some real conversations about the family dynamics that can destroy a good business. As the coach, I provide real time live coaching to teach the family how […]
Managing A Family Business
It’s difficult to combine business and personal issues but a family business patriarch or matriarch is forced to deal with both at the same time. This presents a family business challenge when the family leader is pressured to perform according to the expectations of his family. He can be pressured to make decisions that are […]
Family Business Success … It’s About People
Working in a family business is by nature interdependent. It is the result of multiple interactions between multiple family members every day. Each family member has a vested interest in the success of your organization and your products and services. This situation alone is one of the challenges of family business. Family members come in […]
A Thanksgiving Recipe for Success in the Family Business
Having the opportunity to work with many family businesses in a variety of industries from New York to Seattle I have to say I’d like to see a lot more gratitude and harmony in family businesses. Many times the holiday season brings conflicts and frustration to center stage. Nothing is more painful than attending Thanksgiving […]
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