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Category Archives: Family Business

Does Your Family Business Need a Coach?

Are you planning to pass control of your family business to a new generation? Is your family business stuck in a growth rut? Are you experiencing issues like personality clashes or operational mishaps? If you answered “yes” to any of the above, you might need a family business coach. A family business coach is essentially a performance coach that can help your company enhance performance on both an individual and group level—and ultimately boost your company’s bottom line. Coach or Consultant? Business consultants and … Read More >

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Resiliency. Now More Than Ever.

How resiliency training can help companies survive and thrive in the era of COVID19 Stress, anxiety and fear can have far-reaching consequences on a business and its employees. In normal times, business leaders can deal with these issues in a vacuum, helping individual employees work through stress via counseling and other methods. In the pandemic era however, stress, anxiety and fear are the norm for just about every person on the planet. Short of a vaccine—and let’s hope one is coming soon—business leaders must … Read More >

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Seller’s Remorse in the Family Business

Before you give your business to your children, you must first set expectations As a family business consultant, one of the most common issues I come across is the disappointment when a family business is transferred from parent to child, and the expectations are not met. This can happen for a number of reasons, from differences in generational values to differences in motivation, but the main cause is a lack of communication. In most cases, each party—parent and child—go into the succession process with … Read More >

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How to Exit the Family Business — Without Exiting the Family

The “family” dynamic in a family business has the potential to make a company great and undermine it at the same time. Even when things seem like they are going well, complex, underlying issues between family members can eventually lead to someone deciding to split from the business.  If you’ve read the tabloids or have been near the internet in the past few months, you’ve likely heard a famous example of this—Prince Harry and Meghan Markle are in the midst of leaving the most … Read More >

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Are You Unconsciously Undermining Your Employees?

I’ve seen this story a million times—an otherwise well-meaning leader hinders the progress—or even causes the failures—of an employee, without realizing what they are doing. Eventually, the issues come to a head and the result is finger-pointing and confusion. Leaders undermine their employees every day. Most just don’t know that they’re doing it. It’s a passive form of sabotage, but the result is the same. Undermining your employees is rarely a conscious act. Rather, it is caused by inaction. The three “U’s”, as I … Read More >

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