Our guest blog post is from Bert Holeton, President of The Mastermind Group (www.the-mastermind-group.com). ————————– When it comes to choosing the right individual to join your organization, or the right individual to promote into a key position, or the right combination of individuals to form a team – it’s all about performance and fit. To... View Article
Our guest blog this week comes from Bob Gruber, President of The Rainier Group, a professional firm with concentrated experience in the issues that affect successful private business owners and other successful individuals including business transition services, wealth advisory services and institutional consulting. Bob will be participating in our Succession Planning panel discussion on August 25.... View Article
As Chris Corrigan so aptly stated, “You can never over-prepare in business!” Yet, we know, from strategic plans to budget plans and marketing plans to staffing plans, business owners find it difficult to fit it all in. Now I raise the issue of succession plans… another one of those plans that doesn’t seem critical today;... View Article
Our guest blog post comes from Steve Brilling, Executive Director of the Entrepreneurship Center and Family Business Roundtable at Seattle University’s Albers School of Business and Economics. ———————- It all comes down to communication—clear, concise, honest communication, with a dash of compassion thrown in. Whether it is in a legal document or simply a written... View Article
Experience is the best learning tool. Our guest blog post comes from Bill Altland, a family business owner of Whale Tail Pharmacy in Craig, Alaska. ———————— The word that comes to my mind relating to communication issues in family businesses is the word “insidious”. It can be difficult to separate the business issues from family issues... View Article
Our guest blogger this month is Lauren Owen, family business consultant and founder of Lauren Owen LLC. She will be co-presenting our seminar “Managing Family Business Relationships” on May 19. Learn more. ——————————— The dynamics of a family business can sometimes cause what we call the “elephant in the room syndrome: unspoken topics that no... View Article
Businesses are developed and grown through their relationships with people – people as owners, managers, customers, and vendors. These people relationships, though critical for success, also create substantial risk for the business because people are emotional and often unpredictable. Most businesses protect against this risk through contracts. Why do they work? Contracts allow a company... View Article