Most family business issues can be traced back to a communication issue. A few examples might be: Lack of clear expectations Unhealthy relationships left unresolved Lack of shared vision and values One of the things I value and try to bring to my work is to be practical. Rather than high-level theory, I want to […]
Why Camaraderie is Critical in Family Business
I heard Bill Belichick, Coach of the New England Patriots say, “Bowling and movie night is one of the most important and enjoyable nights for our team every year.” It’s hard to question his formula since Belichick has won six Super Bowls. That’s more than any other coach in NFL history! He went on to […]
Right Mindset for Family Business Success
I had a conversation with a 3rd generation family business player last week. It went something like this… “I was getting ready for the family meeting and I was thinking, ‘There’s no way this meeting is going to be successful.’” I asked her a simple question, “Can you see how YOUR MINDSET could actually have […]
How to Create a Unified Vision
What’s most important to today’s younger generation is to have a feeling that they are doing meaningful work. An important part of that is having a meaningful vision. Some family businesses haven’t updated their vision to help engage and inspire the next generation in business. Us “older gen” think – “If it ain’t broke don’t […]
10 Skills Your Family Business Needs to Develop
After spending the past 20 years working with families all over the globe, I’ve identified 10 core skills your family should develop and hone. I say, “Develop and hone” for a reason. You all probably have some amount of these skills, yet great, high-performing, dynasty teams know they need to practice their skills to keep […]
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