Each individual family member in a family business needs to get off the treadmill for a minute and ask themselves these critical questions. 1. What am I doing here? 2. What do I want from my position here? 3. How did I get here? 4. Do I really want to work here now? 5. Do [...] [...more]
I had the pleasure to attend the state symposium for family businesses in Western Australia last week. It was a wonderful event and all those who attended were treated to a presentation from Count Andreas Faber-Castell (yes, the pencil making family) about his 8 generation family business, as well as a panel discussion and hypothetical [...] [...more]
Here is a book to add to your library. Family Wars – Classic conflicts in family business and how to deal with them – by Grant Gordon and Nigel Nicholson. This book offers insight into the problems all family businesses could face. We can peer through a lens into some of the famous family businesses [...] [...more]
If you think it’s hard to get Dad to move on, just have a thought of how it might feel giving up everything you have worked all your life to grow. I know you have all the answers and all the education required to grow the business in these modern times and Dad just doesn’t [...] [...more]
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