The ability of the family leadership to build strong and viable businesses is dependent upon maintaining the support and confidence of its shareholders. Leadership should never take for granted the support of its shareholder team, and especially so where there…
Recreating Your Business In Our Changing World
Many successful businesses lose growth traction and become comfortable and content with their historical success. But yesterday’s success doesn’t guarantee a viable future. There is no place for complacency in a successful business. So what do you do when you…
‘This Business Isn’t Big Enough For All Of Us!’ #succession
Are you a member of the family business’s current leadership and feel like the younger ones just want you gone? Well, do something about it! There is often a ‘catch 22’ that arises in family business succession around the timing…
Is Being Adaptable, Strong & Resilient Really Central to Success?
We are often told that we should be leaders that are ‘adaptable, strong and resilient’ and that we should aspire to build businesses with the same qualities. But, really, when I hear this type of language, the question I ask…
‘Who Should Own The Business?’ #succession
Your transition plans are well in place but a niggling question of who should own the business continues to surface. It is a good question that must be considered carefully. If you are transitioning the business across to the next…