Generational / Multi-generational
The Devastating Impact of Bad Leadership
You can get away with a great deal when times are good, but a major slump turns many minor issues into major problems. Good times may cover many sins, but bad times uncover many weaknesses.
March 16, 2021
The Family Business in a Post-Pandemic Market
One founder asked me what priorities can business owners initiate to keep the family united and prepare the enterprise for the reopening of the economy.
March 10, 2021
The Family Pay Performance Plan (PPP)
I was once asked by a founder why I was so adamant in pushing for a formal PPP in my governance intervention and my answer was straightforward: “It is the right thing to do!
March 02, 2021
Overpaying Family Members is Dangerous
Larry’s wrong notion of compensating family members is common among founders and business leaders.
February 23, 2021
Are you Compensating Your Children the Right Way? Part 2
“Family Enterprises: The Essentials” author Peter Leach remarked in his book, “In the case of siblings, for example, fairness is generally taken to mean that resources be allocated equally.
February 09, 2021
What if you died tonight?
If you planned the leadership and ownership transition, I congratulate you. In your memorial service, you will be remembered fondly.
January 27, 2021