Month: April 2012
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Stop Competing! (Against Your Siblings)
One of the most counterproductive behaviors I see in family businesses is siblings still trying to compete with each other as adults in the business. They are trying to resolve the challenges they had…
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Waiting Room Hell – Family Business Succession
One of the most common frustrations in a family business can be the question of succession. When will it happen? How will the decision be made? For next generation leaders it can be like…
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Breakdown Breakthrough
Every breakdown is a great opportunity for coaching and for a breakthrough. Coaching leaders see it that way. So certainly, every time there is a breakdown there is an opportunity for coaching. Remember, “time…
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It Doesn’t Have to be Perfect
I can’t emphasize this enough! Do not wait to start coaching until you think you know how to do it “just right.” Trust the coaching process. Your early attempts at coaching will surprise you…
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Set Up Structures
What I mean by structures are one-on-one and team meetings, and regularly set coaching sessions. You could make it a part of your company’s culture to have an “after-action review” after significant events. Those…
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After the Fact
This is a very common form of coaching. Professional athletes will review the game tape later and then identify what kinds of mistakes were made during the performance. Musicians in an orchestra might listen…
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In the Moment
This is obviously the best kind of coaching. When we see this in the sports setting, we see a coach on the sideline saying something to the player right then and there because it…
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Sometimes leaving the family business is the best answer
I see many family business participants struggling to find both personal and family peace. They get so enmeshed in their family history and dynamics all of which becomes almost like a straight jacket in…
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