Face-to-face meetings are crucial for successful family businesses. They foster communication, build unity, and establish traditions, ultimately promoting long-term success. Summer, with its relaxed schedules, presents an ideal opportunity for…
You probably understand the importance of identifying, training and preparing the next generation to run the business. But what if a successor isn’t an option? What if it makes more sense to sell the business?
Bridging Communication Gaps in Family Businesses: Lessons from the Silver Screen The iconic line from Paul Newman’s “Cool Hand Luke” – “What we’ve got here is a failure to communicate”…
In recent decades, the world has undergone a seismic shift, especially in technology. Imagine smartphones more powerful than NASA’s computers during the moon landing, or 3-D printing that echoes Star…
In the evolving landscape of today’s business world, family enterprises face distinct and ever-changing challenges. The complex dynamics of these businesses often blur the lines between personal and professional stresses….
2020 found families and businesses under pressure, stress and in the middle of the COVID crisis. For many family businesses this called attention to the structural damage or holes that were hidden inside the organization, leadership or family.
