VIDEO
Love. Power. Money. This combination can either build a successful family business or be its demise. In my latest video, I share the two conversations that can be a great starting point for avoiding a LOT of family drama and disruption in the business. Getting the family on the SAME PAGE means more harmony at the Thanksgiving table for years to come.
BLOG | FAMILY DYNAMICS / GOVERNANCE
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.
Read MoreBLOG | FAMILY DYNAMICS / GOVERNANCE
When disagreements happen in a family business, they can have devastating life-long effects on the family, the business and the employees.
Read MoreBLOG | LEADERSHIP
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?
Read MoreAt Compass Point, we make it easy to get insights, training, tools, and articles straight to your inbox and help family business owners and their team continue to grow, learn, and lead.