Most business owners I work with are concerned about whether or not their adult children will be properly prepared and possess the skills and drive to run the family business. As a father myself, I know how tricky it can be to be supportive and encouraging while at the same time trying to push and […]
What not to do – allow bad behavior to negatively impact the family business
It’s really quite amazing how much bad behavior is tolerated in well run family businesses. Most families know the behavior is damaging to both the business and the family yet they lack the needed skills to stop the behaviors. When families proactively engage in skill building they can develop the skills necessary to head the […]
Success Story: Promoting the Youngest Son to President
One of the most daunting challenges in the family business is to successfully identify and name the best candidate to succeed as the business leader. Families who mishandle this important step in the family business evolution risk doing long-term damage to the business and the family. We recently completed a multi-year process with a family […]
The #1 Reason To Leave Your Family Business
If you’re seriously unhappy in your family business you owe it to yourself to work hard at finding a remedy for the situation. Learn how in this post!
What Not To Do – Give In To Family History of Miscommunication
Most business families we work with have a common and solvable problem – poor communication habits that have been ingrained in the family over a long period of time. These poor communication habits lead to: misunderstandings avoiding conflict inability to problem solve together unclear vision and focus for the family What happens next amazes me. […]
