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Does Gender Matter in Business Leadership? Yes – and No.

As a family business planning consultant, leadership development and performance coach, and woman, I’m often asked whether gender matters when it comes to leadership. It’s a hot-button political issue, a question that requires nuanced thinking, and a subject that is coming into more prominence as the number of women executives in the workplace continues to grow. The answer to the question, however, is far from black and white. Seemingly everyone you talk to has an opinion on the topic, so let me offer mine: … Read More >

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When You Should Revisit Your Company’s Values

Let’s Talk About Values Every person and every company lives and operates by a set of values – or at least purports to. Too often though, we state our values, then ignore them – and eventually forget about them. Revisiting your values on a consistent basis is extremely important – especially for businesses. Values are not static. Times change, businesses change and leadership changes. If your values aren’t reflective of these shifts in your business, things can get off track quickly. As a family … Read More >

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Life After Your Business: What’s Your Passion?

When you own your own business, it’s often your vocation and avocation. In a word – it’s your life. When it comes time to move on from your business and retire, though, this can be a problem. Too many business owners fail to take the necessary planning steps to transition their companies to the next generation of leaders, waiting until the last second to relinquish control. It’s not because of ignorance and it’s not because of laziness. According to a recent survey, 80% of … Read More >

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Developing Leadership in the Family Business

I recently came across an article in the Harvard Business Review that hit home for me as a family business consultant. Titled Turning Potential into Success: The Missing Link in Leadership Development, the article describes what corporations are doing to grow the next crop of leadership – and where they are failing to succeed in their mission. Even though according to research from the Corporate Executive Board, 66% of companies invest in programs to identify and mentor high-potential employees for leadership positions, only 13% … Read More >

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Are You and Your Partner Money Compatible?

As the saying goes, opposites attract. How do romantic partners connect when they are blending their financial lives and looking at managing their finances together until death do us part? It can get tricky. But if you and your partner share similar values and are money compatible – making, managing, and investing money is just a little easier. Money compatibility is defined as having similar financial goals and values, and an ability to discuss and resolve financial differences. Money compatibility does not mean that … Read More >

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