Nothing ruins a perfectly good business discussion then somebody that loses control of their emotions. Am I right? Our emotions are real and need to be dealt with. The problem is for so many people in a family business they allow their emotions to get the best of them. The brain scientists have proven that […]
Family business retreat rewind: What this next GEN did was amazing!
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 […]
Lack of Role Clarity a Key Contributor to Sibling Issues in the Family Business
Perceived inequality of results and lack of role clarity is a very common issue that comes up with our family business clients. So one of the first things we ask is: do you have clearly defined roles and responsibilities? I’m amazed how often family members don’t have clear roles, responsibilities and business goals. The lack […]
Avoiding a Family Business Landmine – Next Generation Children with Varying Work Ethics, Skills and Ambition
It can get interesting in the family business when cousins start showing an interest in the business, while the family business may not be interested in them! Successful and sustainable family businesses realize the need to get out in front of this issue. The best time to talk about this is years before it can […]
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 […]
