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 […]
10 Qualities of an Effective Leader
Assuming the role of family business leader or manager isn’t an easy endeavor. You will experience good times, stressful times and times when it seems the whole family is against you. However, great family business leaders will always be able to lead their family team to a successful end in any situation. Just because you […]
Leadership Styles To Help Your Family Business
“Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.” ~Sam Walton What makes someone a good family business leader? This simple question can sometimes be difficult to answer. A good leader is more than a manager. Being a good […]
