Five Phases of Succession Planning
Think through these steps to create a rewarding and effective transition.
January 18, 2020 in Succession and Estate Planning
Think through these steps to create a rewarding and effective transition.
December 18, 2019 in Management Issues in Family Business
Use seasonal downtime to make changes to ownership structure and management strategy.
November 18, 2019 in Succession and Estate Planning
"The Second Mountain: The Quest for a Moral Life" by David Brooks offers an effective metaphor for succession planning.
October 18, 2019 in Succession and Estate Planning
Set examples for future generations by embracing values over assets.
September 18, 2019 in Conflict Resolution and Communication in Family Business
Share information, clarify rewards and maintain common goals to limit deep conflicts.
August 18, 2019 in Succession and Estate Planning
While the culture, history and personalities in every family business are unique, three common practices are the keys to success.
July 18, 2019 in Management Issues in Family Business
Some managment scenerios call for saying more, not less.
June 18, 2019 in Succession and Estate Planning
Spend time on one of the variables in the operation over which you have control.
May 18, 2019 in Conflict Resolution and Communication in Family Business
Adjustments to business plans should be made sooner rather than later.