Tag Archives: goals

Siblings to Cousins: Ownership Goals for Growth, Risk, Profitability and Liquidity

In the transition from siblings to cousins, families are often called to define the ownership role for the very first time. In earlier stages, a relatively small family allows for more direct involvement of family owners in business operations and … Continue reading

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There are many paths to greatness – the challenge is finding yours…

Over the years of my work with business-owning families I have had the privilege of collaborating with many successful individuals, whom I greatly admire.  There is the founder with an idealistic spirit, exceptional sales ability and sharp business instincts, whose … Continue reading

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The Importance of Mentorship

by Kristi Daeda “I have had my 15 minutes of fame and enjoyed my time in the spotlight and walking at the head of the parade. I believe that to whom much is given, much is expected. I want to … Continue reading

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The Year of You

By now most of us have made our New Year’s resolutions and have put them on a back shelf. For 2012, I am working on a new challenge. I am concentrating on self-improvement as opposed to focusing on the business. … Continue reading

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Accountability: “Evaluate to improve, not to prove.”

A young next generation executive working for the family business her father founded recently told me that lack of accountability among family members in the business was hampering the successful transition of the company to the next generation. Unfortunately her … Continue reading

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Posted in Career Development, Conflict & Communication, Next Generation Development | Tagged , , , , , | 1 Comment

Key Questions for Non-family Managers

by Chris Eckrich & Steve McClure A key non family executive once shared that he could help the owning family make a lot of money or grow their business if they would just tell him what they wanted him to … Continue reading

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