Family Business leaders often need to initiate team building activities to help family business team members increase their self-awareness. Team members who have a strong self-image focus better, are absent from the job less often and are better able to get along with their coworkers. Compare this to those with low self-awareness who make more […]
How to Improve Collaboration Within Your Family Business Team
Your family business is made up of diverse individuals who have decided to come together with the goal of making the business a success. In today’s world, it is highly likely that many of them are specialist with skills specifically tailored for one role in the business. As the family business manager, your role is […]
How to Minimize Conflict in Your Family Business
With any family business, there will inevitably be some form of conflict among the family members. As a family business manager, you need to be prepared to resolve and minimize these differences when they crop up. Conflict resolution includes the standard approach of what steps you normally take to encourage people to work towards an […]
Team Building Activities to Improve Your Family Business Team
Managing your family business team building performance and strengths is key to strong business relationships and avoiding family business conflicts. It will strengthen the cohesiveness of the group and increase the trust between members. There are many activities and systems you can use to improve your family business team’s strength. These exercises can range from […]
How Positive Relations Directly Affect Your Family Business
Managing a family business is similar to being the CEO of any business. In both types of business there is a lot of time spent together, plenty of personalities, and everyone has a job to do. It is crucial to manage the relationships because in family business this has a powerful impact on the success […]
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