With any family business, there will inevitably be some form of conflict among the family members. As a family business manager, you need to be prepared to resolve and minimize these differences when they crop up. Conflict resolution includes the standard approach of what steps you normally take to encourage people to work towards an […]
10 Qualities of an Effective Leader
Assuming the role of family business leader or manager isn’t an easy endeavor. You will experience good times, stressful times and times when it seems the whole family is against you. However, great family business leaders will always be able to lead their family team to a successful end in any situation. Just because you […]
Leadership Styles To Help Your Family Business
“Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.” ~Sam Walton What makes someone a good family business leader? This simple question can sometimes be difficult to answer. A good leader is more than a manager. Being a good […]
7 Tips to Feel More Confident In Your Leadership Role
John was given a leadership and managerial role in his family’s business. He was happy to step into this position, but there was a problem. John lacked confidence in his own ability and leadership skills. Because of this, he frequently sought validation and reassurance from the family business patriarch who was his uncle. But Uncle […]
How To Empower Your Family Members To Develop Their Strengths
Do you have family members of your business team who does extremely well fulfilling their role in the family business? Do you think they are ready to advance and take on a larger role? They may be but as the family business leader, you need to help them discover and develop their strengths. Your role […]
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