Nothing can be more unsettling for family business owners than to see two family members butting heads about how things should be done. That kind of conflict left unattended can cause long-term irreparable damage to the family and the business. 360° feedback is a perfect tool to help people understand how they are perceived by […]
A Great Way to Accelerate Potential Successor’s Development
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!
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