Behind every great business you’ll find a culture of accountability. Behind every great family you’ll find a culture of accountability. Be Accountable for Results Long-term business success requires the ability to consistently produce results. That means everyone in the organization understands the importance of being accountable. Their employment is based upon their ability to be […]
Accountability
Consistent culture of accountability needed for cousins entering the family business
With every new generation entering the family business there is increased risk of inconsistent performance and skills that can doom family business longevity. The best strategy to avoid this risk is to create clear and measurable standards of performance for the next generation. That needs to start sooner for most families. The most successful families […]
Inconsistent accountability causes frustration among family business siblings
One of the most common patterns we find when working with family businesses is an inconsistent standard of accountability among siblings. Some siblings push hard to produce high levels of results and other siblings live on their birthright as a safe excuse for mediocre performance. Most families are terrified of the consequences of shining a […]
Lack of accountability can threaten a family business’ long-term success
The best run companies enjoying longevity and consistent success know accountability for results is a key component to the company’s culture. Many family businesses struggle with accountability because they try to manage family harmony alongside business results. Watch this short video to help guide your family while having the accountability conversation. Many founders find it […]