Family business conflict creates tension and stress not only in the workplace, but at home and during the holiday gatherings. I know firsthand after working 16 years in my family business. For most people conflict brings up an automatic reaction of defensiveness and justifying their position. Taking a defensive posture is counterproductive to solving conflict. […]
Family Business Coach’s Tough Love – The family should consider selling the business
As a family business coach and family business consultant, it is my job to provide courageous, objective feedback. When talking about family business succession one road the family needs to consider is selling the business. Most families have difficulty discussing selling the business for a variety of reasons: the business becomes like the “favorite son […]
Family Business Landmine – Next gen not attending or finishing college
Sneaks up quick Want strong productive kids Problem – are they best equipped Future roles and compensation Employment policy What happens when a member of the next generation decides to quit college and come to work for the family business? In most cases the family reluctantly gives in and the family member begins working […]
Family Business Deliberate Practice of the Week – Speak Without Emotion
If you’ve ever worked in the family business you know how it can become a highly emotionally charged environment! In business coaching we say that emotions are “information” that need to be addressed. In other words emotions should not be ignored. Having said that, I recently reread unbeatable: Re-create Your Life as Extraordinary Using the […]
Deliberate Practice of the Week – Forgive Someone
Forgiving someone is a gift you give to yourself. You give it to yourself so you will let go of the energy it takes to stay mad at someone and free that energy to be used on something more productive. I know the pain and anger firsthand of being mistreated or worse, abused. It’s easy […]
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