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Monthly Archives: September 2011
Creating Group Norms
The decision making structure of a family business can be very complicated. Decisions are often made at the family level, the board level and the business level. Most decision- making groups spend their time focusing on the decisions that needs … Continue reading
Posted in Uncategorized
Tagged Boards, decisions, family meeting, norms, pendergast, process
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Supporting Family Members in their 20s
As we all know, early adulthood can be one of the most challenging times in life. Learning who you are as a person, finding a career, perhaps finding a life partner…all very exciting but challenging steps in life. This period … Continue reading
Posted in Next Generation Development
Tagged 20's, career, education, pendergast, support
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The Benefit of Sharing with Other Families
Recently, I have noticed a trend towards more benchmarking across family businesses. A number of clients have requested that we introduce them to families with similar issues. While they value consultant expertise, they really enjoy meeting one on one with … Continue reading
Posted in Uncategorized
Tagged benchmark, benchmarking, Boards, education, next generation, pendergast
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Are Your Conflicts “System Related”?
One of the best ways to identify whether or not a family conflict is more of a “process” type of conflict is when it recurs over extended periods of time. I don’t mean the serial kind of conflicts that may … Continue reading
Conflict in the Family Business
According to experts in field of conflict management, conflict is “a process that begins when an individual or group perceives differences and opposition between itself and another individual or group about interests and resources, beliefs, values or practices that matter … Continue reading
More Family Talent in Maine
Did you know that three generations of Wyeths painted Maine landscapes that are so stunning they will knock you out of your socks? The Farnsworth Museum in Rockland Maine is devoted to their art as well as that of … Continue reading
Posted in Family Business Education
Tagged farnsworth museum, maine, rockland, schuman, wythes
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Strong Families Have Fun Together – Explore Together – So – Try Maine!
Did you know that, if you stretched the coast of Maine out into a straight line, it would reach all the way from Maine down to California? That’s how many curves and coves the coast contains. As my … Continue reading
Posted in Family Business Education
Tagged acadia, Bar Harbor, Bass Harbor, cadillac mountain, education, maine, rockland, schuman, vacation, windahmmer
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What is a “Stakeholder”?
In our education article Amy Schuman and I used the word ‘stakeholder’ to talk about the broad group of people who should have a role to play in the education process in a family business. While we use this word … Continue reading
Posted in Family Business Education
Tagged Brun de Pontet, education, schuman, stakeholder
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Ethics & Integrity
I am a member of the Vistage organization and I recently responded to a question posted by a fellow member on a discussion board there and I thought I would share my thoughts here as well. The question was: Are … Continue reading
Why does Conflict Make your Brain Go @#%%@@?
Most of us don’t like conflict. This is reasonable – most of us have had conflicts in the past that damaged an important relationship, led to hurt feelings, anger, frustration – basically, negative emotions & negative outcomes. In addition, many … Continue reading
