At times in succession, the outcome is to divide the business up. This thinking can be fatal. The scenario (as you may see it): “The business has been around a long time and we have always kept everything in one big…
They Will Never Catch Me
In today’s competitive market, you do not want to be a follower always playing catch up and looking to your competitors for signals of what to do next. But also, you do not want to be so far ahead of…
Cleaning House #succession
As you head into transition territory one of the tasks you must undertake, as a priority, is cleaning house. Those of us who have been in business for more than a few years know that you accumulate stuff, just like…
Opportunity – Is It Lost In The Noise?
It’s easy to say ‘innovate’, ‘disrupt’, ‘find your blue ocean’, but where do you actually start and where do you look for opportunities? I Can’t Hear Anything, It’s Too Noisy No one ever said being in business was going…
Fish and the Entrepreneurial Spirit #succession
Transitioning of a family business across generations should really only be focused on seeding and nurturing the entrepreneurial spirit in that next generation. Succession is honestly not about transferring the physical business that exists today but about growing the ability to ensure…