‘My accountant knows everything’ is yet another one of those succession phrases that should send shivers up your spine. Not because accountants are bad, but because it may mean that the current leaders of the family business don’t fully understand…
The Myth Of A ‘Mature’ Business
Don’t ever allow your business to become ‘mature’. Why? Because that could signal the beginning of the end for your business. When a person becomes mature it is considered that they are fully grown and developed. In contrast, when a…
‘But Why Did You Send Me To Uni?’
“I don’t understand. I’ve just spent the last five years studying, landed my dream job and now you want me to come back into the family business, why?” It seems that across all cultures that the Baby Boomers generation encouraged…
How A New CEO Can Destroy Business Value
General Electric (GE) was founded by Thomas Edison, one of the world’s greatest innovators, and was one of the world’s most successful corporations, but now some would say its value only lies in chopping the business up and selling it…