How to Prevent and Manage Family Business Conflict: Decision Making and the Family Business Constitution

by Matthew Levy Conflict among family members at home, at work, or in the board room can wreak havoc on individuals, family relationships, and the stability of the family business. Managing decision-making productively and preventing significant conflicts should be a primary objective for anyone in a family business.   For the Family in Business, there are three main causes of conflict: Lack of alignment as it relates to vision, values, expectations and policies The challenges of managing disagreements Strong emotions and sometimes even volatility The Family Business Constitution Every family in business together should have a Family Business Constitution, the [...]

2024-04-10T11:57:18-05:00By |CEO, Conflict Resolution, Executive Team, Family Business, Strategy, Succession Planning|Comments Off on How to Prevent and Manage Family Business Conflict: Decision Making and the Family Business Constitution
Read More

Getting Results: 5 Elements of Effective Strategy Execution

There are some critical elements of strategy execution that we can implement today by being more effective in our conversations with our colleagues. As we model these aspects of effectiveness, we will dramatically alter our results and the way work gets done. In the areas that you are not getting the business results you seek, which one or more of these 5 aspects are missing? 1. Relationships Relationships are the foundation of all accomplishments. If a relationship isn’t one of trust and support then it can’t handle straight open communication and results suffer. Do all your relationships support the results [...]

2024-04-10T14:32:27-05:00By |Communication, Culture, Executive Team, Family Business, Getting Results, Leadership, Managing Execution, Strategy, Uncategorized|Comments Off on Getting Results: 5 Elements of Effective Strategy Execution
Read More

Creating a Performance Culture with Effective Requests and Promises

In business as in life, we can experience much disappointment when we don’t achieve the results we seek. It is easy for us to blame others for not doing what we want them to do. What is more difficult is to be responsible for the conversations in which we attempt to ask for what we want. Much of the time, our unfulfilled expectations are a result of the way we manage requests and promises. It is in those conversations that we have the opportunity to enhance the likelihood of getting the results we are committed to and to transform the [...]

2024-04-10T14:18:34-05:00By |Communication, Conflict Resolution, Culture, Family Business, Getting Results, Leadership|Comments Off on Creating a Performance Culture with Effective Requests and Promises
Read More
Go to Top