Sibling rivalry runs deep. I was returning from a family business coaching engagement at the airport two years ago. A three-year-old was sitting in his stroller and the five-year-old sibling came over to push the stroller to help Mom and Dad. The three-year-old had an instant, hysterical reaction to the fact that his older sibling […]
Leadership in Family Business
In a family business, an individual's leadership can empower the company and create opportunity, but it can also be misunderstood when directed at other family members in the business. Mastering this delicate communication is possible with the right tools and perspectives.
Sports continues to show us a recipe for success. Great teams rehearse, practice, play and then evaluate their performance. One of the most popular ways to assess recent performance is to “review the game film.” In other words, sit and watch the game over again as a group. Watch for good execution and breakdowns. I’ve […]
Sometimes working in the family business can feel like an arranged marriage. You might have a group of people who were brought together with good intentions. Yet true love, their true passion isn’t happening. So then the question becomes: What, if anything, do we do about that? The answer is clear. Life is too short […]
Great leaders set the tone. You don’t have to be around them very long to get a sense of what they’re all about. The same thing is true for great families. The tone is set at the beginning of the year with great family leaders. I have one client who has his team declare their […]
Most families have a few annual rituals that happen this time of year. They could be gathering for a meal, exchanging gifts and expressing gratitude, for instance. The families we serve want to take the right steps to create a strong, successful and sustainable family business that can be a source of family purpose and […]