If your family is in business together, you already know some of the special joys -- and challenges – of working with relatives. A family-owned business can be a great vehicle for generating family wealth, for providing jobs for family members and the opportunity to work together. While the rewards can be [...]
Maybe you’re thinking of selling your business. Now, or maybe ten years from now. Here are some considerations that have probably crossed your mind already: What is my business worth? Who could I sell it to? How can I be sure I’ll get paid, especially if the next owner is not successful [...]
Many of us have had the distinct displeasure of working with, or for, an abrasive leader. You know the type -- prone to emotional outbursts, overcontrol, threats, public humiliation and condescension, and general misuse of their power and authority. They have a reputation for getting the job done and may therefore be [...]
Why do so many of us, leaders included, find it difficult to hold people accountable or address issues firmly and directly? I am convinced it’s because we see confrontation as some variation on harsh, intolerant, unkind, aggressive, or uncompassionate, and that we fear creating hard feelings. We feel we have to choose [...]
When business leaders were surveyed about the top threat to their business for the rest of 2021, it wasn’t inflation or supply chain disruptions to production that came out on top. The majority of respondents said “Hiring and Retention”. In fact, 77% of companies expect to encounter a talent shortage; and according [...]
