Promise And Peril
Having been a part of family-farm and ranch transition discussions for more than 25 years, I’ve witnessed many younger generation members return to — and occasionally leave — the family business.
Articles
How To Heal Family Estrangement
March 18, 2021 in Conflict Resolution and Communication in Family Business
Farm and ranch families are familiar with estrangement — the alienation or separation caused by serious conflict or ongoing negative relationships.
Components Of A Good Transition
February 18, 2021 in Succession and Estate Planning
Successfully implementing a succession plan is difficult in any family business. But, when much of the senior generation’s equity is usually held in land farmed or grazed by the younger generation,...
Succession For The New Year
January 18, 2021 in Succession and Estate Planning
Understanding how habits are formed gives us the power to change our lives for the better.
The Art of Compromise
December 18, 2020 in Conflict Resolution and Communication in Family Business
Perfecting cooperation increases the likelihood relationships and business will endure.
Building Blocks of Relationships
November 18, 2020 in Conflict Resolution and Communication in Family Business
This practical advice can help create better connections with family business partners.
A Pandemic Blessing: Margin Redefined
October 18, 2020 in Management Issues in Family Business
A new perspective provides a noneconomic meaning to this business term.
Recognize Loss To Help Heal
September 18, 2020 in Management Issues in Family Business
“Our hunger for absolute certainty is rarely satisfied even in the relationships we believe are permanent and predictable.” –Pauline Boss, “Ambiguous Loss: Learning To Live With Unresolved Grief”
Permission To Change
August 18, 2020 in Management Issues in Family Business
Operations should address legacy assumptions and adjust management decisions for future success.
Forgiveness Keeps Businesses Intact
July 18, 2020 in Management Issues in Family Business
“The act of forgiving ... is the hardest trick in the whole bag of personal relationships.” –Lewis Smedes
