Strength in numbers – my weekly blog

Who will pitch in on difficult projects, sometimes without pay? Who will tolerate being underpaid? Who will give you honest and sometimes challenging feedback on strategic business decisions? A: family members of a family enterprise We often take for granted … Continue reading

The rules of family meetings – my weekly blog

Some thoughts about family meetings, especially for those meetings focusing on the family business.  From my experience, as the business goes through the generations, and more owners are at the table, the decisions and discussions can often be fraught with … Continue reading

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

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