STEMMING THE EPIDEMIC OF ENTITLEMENT

Webster’s describes entitlement as  “the belief that one is deserving of  certain privileges.”  But when it comes to family businesses, a sense of entitlement is more than feeling “owed” or “deserving,” it’s about expectation as well. Indeed, usually the problem isn’t the feeling of entitlement; it’s how family members act, and how such actions are […]

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TO LEAVE OR NOT TO LEAVE?

Matt’s having problems with his boss, and it’s gotten so bad he’s considering quitting his job and looking elsewhere. He’d been put in charge of a new division, but it’s foundering, and he feels that he’s getting blamed unfairly for its failure. He sees the business suffering because of high overhead, partly because his boss […]

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