There are several types of family business employees who create animosity or difficulty within the workplace. There are a few types that are found in every company, from those who wish to always be in control to those that are just downright unpleasant. Within a family business, however, the relationships between employees is even more complex. […]
5 Strategies of Successful Emerging Leaders
Today’s family business leaders have many things to be concerned about, from the way that their consumers are changing their buying habits, to the way that technology is permeating every aspect of the business. One age-old concern, however, is the method and transitional strategy behind the business’ emerging leadership. Are the new leader’s strategies going […]
Family Businesses Succession Planning: How to Move Forward
Family business succession planning is a series of specific steps and timelines that need to be followed to ensure success.
The Future of Family Business Leaderships
American family businesses, both small and large, exist within a consistent realm of change. Within both family businesses and corporate companies, American businesses have to endure a stream of unpredictable changes, from losing employees and clients to gaining traction, obtaining new customers and adopting new missions. When goals have been the same for a while, […]
Family Biz Coach’s Tough love – Make Your Children Work Outside the Family Business!!
I was coaching a very successful entrepreneur last week, the head of a thriving 80 person firm. I asked him if it was part of his dream to have his children come work in the business. I was a little surprised yet appreciated his quick, frank answer. He said “Hell no! When I was in […]
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