Resources
Didn’t Want to Screw It Up
Successfully integrated family into business leadership while balancing family dynamics is full of complexities. As Joe Chastang shares, many private and family business owners screw it up. Thanksgiving and Christmas come around every year, and the business provides for 100+ employees. Mis-matched expectations, communication differences, and management styles can create [...]
Building Supportive Habits, Beliefs and Behaviors
This is part three of our discussion focused on Ownership and Accountability. We started this discussion focused on the impact we can have when we take ownership of our attitude and how we choose to show up in the episode titled Ownership & Accountability. In part two of the series, [...]
Evolve with Change
The only thing that we can rely on to be constant is change. The political environment is forcing rapid change, as we’ve never seen before. Technology continues to evolve, forcing us to embrace it or simply get left behind. Demographics are changing with a record number of Boomers who are set to retire in [...]
Avoid Emotional Landmines
As Joe Chastang shares, getting your company started, running it, and being successful is a good feeling. Seeing your kids step in and do better is a better feeling. In 2015, when Joe embarked on the succession planning journey led by Jeff Faulkner and Jeff Bannon, he reviewed the action [...]
Assumptions, Limiting Beliefs and Labels
This is part two of our discussion focused on Ownership and Accountability. In the last episode, Ownership and Accountability, we discussed ownership from the perspective of owning our attitude, how we choose to show up, the impact we want on our environment and the purpose for why we are dedicating [...]
Best Thing We Ever Did
As Joe shares, it isn't fair to the business's employees for an owner to be lazy and not invest in the future success and sustainability of the company. Therefore, business succession planning isn't just about protecting profits and transfer of ownership; it is also about positioning the business for continued [...]