Fairness is best achieved through transparency, clear process and participation. If everyone knows on what basis decisions will be made, have had the opportunity to speak into the ‘rules’ and be heard openly, and can see how a decision has…
Fairness: Equality Is Not Equal #succession
One of the most challenging aspects of succession can be achieving what you, and others, consider to be a fair allocation of wealth and control across family members. Your goal must always be, to ensure that not only is fairness achieved…
You, As The Example #succession
Have you noticed how children mirror the language, mannerisms and actions of those around them and in particular their parents, grandparents and siblings? Sometimes, it’s easier to see these mannerisms in other families than your own. And in your business,…
The Value Of Coaching and Leveraging #succession
We are now well into 2020, and everyone is back at work. Each and every year, you should deliberately invest in and grow the capability of your leadership team. And for those members of your family, you must be building their…
Establishing Commitment #succession
A family business will only endure and be successful if there exists a commitment from family members to lean into that business and give it their all. Whether they directly work within that business or are just part of the…
