One of the most common patterns we find when working with family businesses is an inconsistent standard of accountability among siblings. Some siblings push hard to produce high levels of results and other siblings live on their birthright as a safe excuse for mediocre performance. Most families are terrified of the consequences of shining a […]
Lack of accountability can threaten a family business’ long-term success
The best run companies enjoying longevity and consistent success know accountability for results is a key component to the company’s culture. Many family businesses struggle with accountability because they try to manage family harmony alongside business results. Watch this short video to help guide your family while having the accountability conversation. Many founders find it […]
A quick way to calm a turf war in the family business – 360° feedback
Nothing can be more unsettling for family business owners than to see two family members butting heads about how things should be done. That kind of conflict left unattended can cause long-term irreparable damage to the family and the business. 360° feedback is a perfect tool to help people understand how they are perceived by […]
The Top 10 Communication Mistakes That Kill Family Businesses
Your family business doesn’t have to be a source of frustration and anxiety as it often becomes for so many families. Family business disagreements can lead to estrangement in family relationships that can last for generations. It doesn’t have to be that way. In my 30-year career in and around family businesses, I see one […]
Your Journey to Better Family Business Communication
There is so much that needs to happen for a business family to thrive – Developing good talent having a solid business strategy being able to execute in the highly competitive world of business After spending the past 30 years in family business, I believe the root of everything is communication. In most cases when […]
