Blog
Insights, tools, and training straight from the team at Compass Point
BLOG | LEADERSHIP
Unequivocal Responsibility OR Something Less.
Which would you rather hear when directly impacted by harmful behavior? Which would you rather hear...
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BLOG | LEADERSHIP
The Many Hats of a Family Business
Product. Team. Customers. Processes. Sales. Revenue. Profit. Cash. These are the elements to any good, viable business. But a family business needs more than just those elements to build a sustainable family business. With many dynamics at play, the business owner needs to understand which "hat" to wear, when to wear it, and when to switch. Do you know how to manage it all?
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BLOG | LEADERSHIP
Which leader are YOU?
One of the hallmarks of good leadership is to have a mindset of being a lifelong learner. When we continue to learn and apply, we become better leaders, ones who inspire our people to bring the best and who develop and hone the team’s skills to predict and delegate. That's where the lift comes in the business. That's where you take a business from good to GREAT. Great leadership multiplies and amplifies others.
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BLOG | FAMILY DYNAMICS / GOVERNANCE
A Strong Family Business Isn’t Perfect.
Running a family business is a lot like any other business. There are sales goals to meet, market trends to monitor, supply chains to navigate, stakeholders’ expectations to manage and people to hire, fire and develop. Pretty much the same… UNTIL you add FAMILY. And then, there are family dynamics to consider as you chart your business's course and build a strong family business.
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BLOG | LEADERSHIP
How To Get Predictable Results in Your Family Business in an Unpredictable World
Why do great family businesses improve despite dealing with the same crappy external factors that destroy some businesses and stall others? Because they practice and execute these tenets...
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BLOG | EXECUTION
Charting Your Course versus Any Wind Will Do
One of the biggest barriers to family business growth is the lack of a written strategic plan. Why written? Because research shows when you write down your goals, you are 42% more likely to achieve the desired results. Who doesn’t want those odds on their side?
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BLOG | PEOPLE / TALENT
There are No Wrong Questions
Questions are the best way to identify problems and help people find the answers. A question for you… Do you question WHAT you do, HOW you do it, and most importantly WHY you do it?
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BLOG | FAMILY DYNAMICS / GOVERNANCE
Family Business Consultants: The Rising Tide That Lifts All Boats
Family business leaders face tremendous stress as they deal with all the challenges of business, and also the inherent intertwining of business, family, and ownership. It can get messy. Family dynamics bubble over with varied perspectives, generational differences, and tenuous relationships. It’s hard to be united when there seems to be a steady flow of drama, conflict, and disharmony.
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BLOG | LEADERSHIP
The long-game of Leadership
A high-performing team needs continuous investment, because of one simple fact: a company cannot outgrow its leadership.
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BLOG | STRATEGY
Where’s your road map for 2023?
Do you have your plan for first quarter 2023? Is it written down for the team to see, understand and act upon? Or is it still tucked away in your head, and shared as needed?
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BLOG | EXECUTION
Business Lessons Found in One of History’s Biggest Battles
Here’s the first lesson from the Allied victory on D-Day that’s directly relevant to business in 2022. Planning is essential because things rarely go as planned. Sound like a day in your life as a business owner?
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BLOG | NEWS & EVENTS
The Journey Starts Here
We are consultants. We are coaches. But more importantly we are change agents for the family who wants to build a more successful business, align the ownership, forge a stronger family and leave a legacy for generations to come.
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BLOG | LEADERSHIP
Acorns and Oak Trees
I heard a recent job recruiting statistic that should give every business leader pause. Currently, for every 10 open positions there are approximately only 5 motivated and willing workers.
Read PostWhere Family Businesses Come to Grow & Learn
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