To provide insight into common burning questions received from business owners, we are leveraging “the village” of our valued strategic relationships. As you listen to the episodes you will be able to immediately apply the key take a-ways and you will come back for more.
Do you have a burning question you want to discuss with an expert? Feel free to submit it via the ask an expert link below.
As companies have had to shift to remote work for an extensive period of time, it has raised the question of how remote work impacts company culture and performance. Some team members enjoy remote work and you may find their performance has not changed or may even be better. And [...]
Navigating a global pandemic is tough enough to do, more so when there are direct impacts on our day-to-day businesses. However, the silver lining when going through something like COVID-19 is the enormous amount of intelligence and insight we gain. We can’t predict the future but we can position our people [...]
The upside to COVID 19 is it forced creative thinking which revealed new strategies to meet customer needs, keep businesses alive and people employed. So how do you take what you have learned and apply it towards the future? Strategic planning is a critical piece of the puzzle. For organizations [...]
Family businesses are complex and rewarding at the same time. Emotions, family dynamics and different expectations are involved, making it even more challenging. To ensure your vision for the business is carried out, and goals achieved, ensure you set the family up for success. Regardless of whether family wants to [...]
The key is to navigating family business dynamics is to first identify WHAT you envision to be the family legacy. Is it the business, or is it what the business provides to the family? Once the legacy is determined, identifying who wants to be involved versus not, is critical to [...]
Conflict is inevitable in business, even more so in the family business. Understanding the impacts of differing personalities and behavioral traits is a key component for setting siblings up for success. Varying styles of communication, differing motivating factors and even differences in how one may handle stress can create unnecessary [...]
In times of crisis or stress emotions are elevated, making it even tougher to have uncomfortable conversations. Some may view these conversations as conflict, but in reality they do not have to be. When in doubt, the truth is the best policy. Communicating with confidence, empathy and authenticity can get [...]
Not all family members will want to be involved in the family business, it is just the way it goes. Even so, those who are actively employed and those who are not share one thing in common, all have emotions and expectations of how they expect to be compensated. As [...]
It’s a tricky road to navigate when you family decides they do not want to be in the business. However, you have options to ensure the legacy of what you have built continues and to financially protect your family in the process. It starts with identifying what kind of involvement [...]
When the next generation of family does not want to keep the business going, there are options available. You can liquidate, sell or keep the business long after you are gone. You first have to identify what your goals and vision look like, and then you need to rely on [...]
