From the time we are toddlers, team work is stressed daily. From playing together in a play group to Little League and group projects in school, we are expected to be a team player. It doesn’t change when we become adults and enter the professional world either as an employee or a family business manager. […]
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 […]
Weekend Reads – Family Business Conflict, Advisory Boards, Succession
Enjoy this week’s bracket of family business articles. Kensington man jailed for stabbing his dad to death after family business dispute By Amita Joshi-Wlon http://www.getwestlondon.co.uk/news/west-london-news/kensington-man-jailed-stabbing-dad-10414155 This is a stunning example of conflict in Family Business. 10 Reasons Family Businesses Are Not Staying in the Family The Wallstreet Journal By Wayne Rivers http://blogs.wsj.com/experts/2015/11/23/10-reasons-family-businesses-are-not-staying-in-the-family/ This in-depth blog […]
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 […]
Weekend Reads – All about Succession Planning
We recently completed another Fundamentals of Family Business Success program with a family group…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 to talk straight […]
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