At the end of last weekend’s family business retreat most of the 40 and 50 year olds were surprisingly blown away with how much the 15 to 25-year-old crowd spoke up and participated. The difference in the amount of participation was stark compared even to last year’s retreat. What we all concluded was that the […]
Coach Pete’s – Best Family Business Articles of the Week
The value of outside advisors to the family business After coaching our family business clients’ Board of Directors, we encouraged them to consider adding some informal advisers to their board process. The result has been outstanding! It’s been exciting to see the family’s eyes and ears open up to some very seasoned and experienced outside […]
Family Business Landmine – Unrealistic expectations
It’s a set up for failure when people have unrealistic expectations for their family business experience. How do know what people’s expectations are unless you ask them and they can clearly articulate them? In our experience, families have all sorts of expectations for each other and the business yet they haven’t effectively discussed those expectations. […]
Family business landmine – working with different personality types
One of the most common and disruptive sources of stress in family business is learning how to work with different personality types. The family needs to learn how to not only work with the different personality types it also needs to learn how to genuinely value the different personality types. Great teams are made up […]
Family Business Communication killer! Somebody who won’t shut up.
Nothing kills communication and collaboration quicker than a family member who refuses to shut up and won’t listen to others! We’ve all experienced coworkers or family members who can’t seem to give other people sufficient airtime to express their opinions. There are a variety of reasons why some people won’t shut up and let other […]
