Should owners be entitled to work in the family enterprise? – my weekly blog

Should owners be entitled to work in the family enterprise? I have purposely used the word “entitled”. In my value system, a person just by being born into the right family should not necessarily be entitled to all that they … Continue reading

Strategy, playing the long game – my weekly perspective

I have been reflecting since the beginning of the year on my business. Some brief thoughts you may consider for your family enterprise planning for 2018. 1. Operations and day to day – check 2. Short term profitability and business … Continue reading

Successful cousin consortiums – my weekly perspective

What stage is your family at in your family business? Have you addressed the unique set of dynamics that are at play in your business at this time? You should consider which stage you are at in the business in … Continue reading

Don’t forget your customers – my weekly perspective

One hazard that you have to consider while planning and then implementing your succession plan is the potential of taking your eye off of the ball.  In the sports context, this will mean you can miss the pitch, leave your … Continue reading

Succession roadblocks – my weekly perspective

Some thoughts about what may cause a succession plan to bog down or even worse, stop completely… If your succession plan has bogged down, there are definitely some remedies to help to get you back on track.  Remember, succession is … Continue reading

Planning, what is your time horizon? – my weekly perspective

Building a business and running a business can be considered as two separate objectives.  Running a business can be all consuming, taking all of the available time in your day.  An integral part of succession planning’s goal is to build … Continue reading