Blog
Insights, tools, and training straight from the team at Compass Point
BLOG | STRATEGY
Life mimics business. Business mimics life.
There seems to be a false notion floating around – and we all buy into – that somehow we're going to get everything in order tomorrow...
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BLOG | FAMILY DYNAMICS / GOVERNANCE
How to avoid a break in the family & business bond
In working with many families and their businesses, I’ve found that every family has its own unique DNA, behaviors, values, and traditions. Yet, there is ONE theme that made all the families seem very similar...and that is the tension, angst, and, at times, a complete unwillingness to eat a meal together due to a lack of clarity around making business decisions for the family business. How do I help families clear the air of business-related issues so they can share a meal together as a family without tension, drama and strife? Governance and routine.
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BLOG | FAMILY DYNAMICS / GOVERNANCE
Not supposed to happen this way. Until it did.
It was a Sunday evening when I received the call. I heard my father’s voice, but the words were not registering. Utter disbelief and shock welled up inside me...
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BLOG | NEXT CHAPTER
How tied to the business is your identity?
Business owners picture this…you are walking through a crowd of unfamiliar faces, people you’ve never met before...
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BLOG | FAMILY DYNAMICS / GOVERNANCE
Fair does not ‘equal’ equal
This is one of the biggest problems in family business governance, where parents...
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BLOG | LEADERSHIP
Does your team have your back?
Can you say you truly care about the individuals on your team? Yes, I did just ask that. Let me share some thoughts on this while you contemplate your answer. Have you ever read the book, The Five Dysfunctions of a Team, by Patrick Lencioni? If not, I wholeheartedly recommend it. It’s a quick read and very interesting – not your typical business book...
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BLOG | TRANSITION / SUCCESSION
How to FAIL at succession planning in 3 easy steps…
While I love reading articles like “the top 10 ways to….” or “how to succeed in business without really trying”, sometimes I’m more curious about how to avoid...
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BLOG | FAMILY DYNAMICS / GOVERNANCE
The Cousin Federation
It’s a common phenomenon around the world. Family businesses rise like a phoenix from the ashes, powered by an entrepreneur’s vision and passion to do something better than what existed, transition to the second generation who work to preserve the wealth, only to see the family business return to the ashes from which they rose three generations earlier.
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BLOG | LEADERSHIP
Attention Please. Now Boarding All High Performer
Two years ago, I boarded a plane for California. I remember it being BEFORE DAWN…which is so NOT my time of day…
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