For several months, we’ve been working on putting together a forum for Women in Family Business. We already have 3 other forum groups for men and women that are up and running with great success, so why a “Women’s Forum” and why not a “Men’s Forum?” Do the interests of women in their family enterprises […]
The following quote is from Jose Costa, President of MAACO http://www.huffingtonpost.com/jose-costa/investing-in-leadership_b_4325678.html#!. “Research tells us that leadership is not telling people what to do, when to do it and how to do it. Leadership requires a leader plus a group of people, a formula where the leader works to influence his team rather than direct his people. This influence cannot […]
The better we know someone, the easier it is to make assumptions. While many may be correct, it’s the ones that are incorrect that can cause a problem. They can lead to someone going down an unexpected path. This is so often the case when we are sharing messages with family members in business. Because […]
In a recent posting, Daniel Goleman wrote “The Signs of a Leader’s Empathy Deficit Disorder.” He writes about differences in empathic response and how they correlate to power and status and the compelling need for leaders to receive honest feedback from those who know them well. This could well be an advertisement for the value […]
Setting goals is critical to the success of any company. Open the lines of communication and talk with your family business partners about setting goals in 2014.
There are 5 family business exercises we encourage our clients to explore each year to ensure a healthy and prosperous business year: Strategic Planning Review Roles and Responsibilities Corporate Governance Leadership Transition Ownership Transition Click here to read more
So much of the conversation about family business seems to be about “what’s wrong” with a focus on the problems, challenges, disconnects, and conflicts. Too little is said of the advantages – the joys and rewards of working toward a shared vision and goals with those we love. What about giving the next generation the […]
Our friends, Gail and John Kaplan of Marriage Labs send a monthly message focused on the relationship between couples. This month’s “pearl” and another from September 30th strike a chord for family members in business together. So, as we celebrate the holiday season, let’s give ourselves a gift- some time for reflection. Click here to […]
In a meeting of one of The Peer Alliance www.ThePeerAlliance.com Forums for Current and Emerging Leaders, the challenges of “delegating” surfaced. For sure, the discussion included the classic line, “I can do it better and faster than anyone else, so why should I delegate.” As the discussion ensued, we offered the following tip: spend a […]
Here’s an interesting article on in-laws and expectations for holiday gatherings in the coming weeks. Add “family business” into the mix and the complexity and ambiguity increase exponentially. http://www.bostonglobe.com/ideas/2013/11/17/the-weird-science-laws/oxS966evzs9ymeZrWKDlEP/story.html