You need to constantly improve if you want to win in today’s hyper-competitive market. No one, I mean no one, can sit back and rely on their past successes as a guarantee of future success. Nowhere is that more risky than in a family business! So many families believe their family’s reputation and success will […]
4 Steps to Build Sound Judgement in the Family
Learning to use sound judgement is like most other qualities of great leaders and successful people — it comes with thoughtfulness, discipline and practice. As family leaders it’s your job to create the right learning environment for your family. Here are four simple steps: Model the Behavior The family is always watching its leaders. Opportunities […]
Family Businesses Need Leaders and Followers
Every successful family business I’ve met with has a strong, often times, visionary leader. The tricky part comes when the family is trying to develop, identify and support its next leader. That’s when sibling rivalry and family dynamics get in the way. Family members often confuse family roles and business roles. My experience, which has […]
10 Questions I Dare You to Ask Mom this Mother’s Day
Let’s face it — moms are the glue that hold the family, and the family business together in so many cases. I’ve also found many moms to be a bit shy or humble about their impact on the family. One of the goals of a good coaching process is to teach everyone in the family […]
Every Family Member Needs to Make a Presentation
In July of 2017, I suggested every member of the Cannon family make a short presentation as part of their annual family retreat. The idea did not go over very well with certain members of the family. Most of us know the #1 fear most people have is not dying, it’s PUBLIC SPEAKING! Yet, if […]
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