Family business conflict creates tension and stress not only in the workplace, but at home and during the holiday gatherings. I know firsthand after working 16 years in my family business. For most people conflict brings up an automatic reaction of defensiveness and justifying their position. Taking a defensive posture is counterproductive to solving conflict. […]
Family Business Landmine – Next gen not attending or finishing college
Sneaks up quick Want strong productive kids Problem – are they best equipped Future roles and compensation Employment policy What happens when a member of the next generation decides to quit college and come to work for the family business? In most cases the family reluctantly gives in and the family member begins working […]
Deliberate Practice of the Week – Forgive Someone
Forgiving someone is a gift you give to yourself. You give it to yourself so you will let go of the energy it takes to stay mad at someone and free that energy to be used on something more productive. I know the pain and anger firsthand of being mistreated or worse, abused. It’s easy […]
Family Business Landmine: Unhappy In-laws
There’s no more potent and explosive #familyconflict than the conflict that involves the in-laws in the family business! The in-laws usually don’t own any of the legal stock in the business but many times they own the even more important– emotional stock! When I was young and climbing my way up the ladder at Walsh […]
Deliberate Practice of the Week – Why you need to go back to school like your kids do each fall
Top business professionals are continually looking for ways to improve their skills and business performance. Some family business families seem to want to rest on their reputation and past performance. Resting on reputation and history will most likely lead to the slow extinction of your business. This week think about a new class you might […]
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