The company was in search of an operations leader. Historically, they had hired OEM retirees or family referrals. The company was in trouble. They needed a take this project seriously. They needed to improve their project management. This time the Owners were going to take a project approach. This time they were going use a [Continue Reading]
The Five
The Five The Fab Five were the 1991 University of Michigan men’s basketball team recruiting class that is considered by many to be “A great recruiting class.” The class consisted of Detroit natives Chris Webber (#1) and Jalen Rose (#5), Chicago native Juwan Howard (#3), and two recruits from Texas: Plano‘s Jimmy King (#9) and [Continue Reading]
The Tipping Point
According to Gladwell, the tipping point is the moment at which “an idea, trend, or social behavior crosses a threshold, tips, and spreads like wildfire..” Recently, HRB was engaged by an ESOP. An employee stock ownership company (ESOP) is an employee-stock owner program that provides a company’s workforce with an ownership interest in the company. [Continue Reading]
Critical Times in the Family Business
Critical Times in the Family Business Family business have a number of critical events. Communication is always a Key Thierry Janssen published these 7 steps. These are common to a business cycle. Family business statistics are severe, 30% of family businesses make it to the second generation, 10-15% make it to the third and 3-5% [Continue Reading]
Here Comes Everybody (HCE)
Is Family Business at the core of Finnegan’s Wake or the next generation of social media? Finnegan’s Wake is a work of comic fiction by Irish writer James Joyce. It is significant for its experimental style and reputation as one of the most difficult works of fiction in the English language, Written in Paris over [Continue Reading]
Meet Pete Scibienski
It’s Multiple Sclerosis Awareness Month; the two pastors’ have Beth’s husband, Pete on the show to talk about his own journey with MS. We hear about Pete’s dad, we get a taste of Pete’s humor and we learn about faith from his unique perspective. Click to listen: Multiple sclerosis affects more than 2.3 million people [Continue Reading]
Trends And Emotional Intelligence
Operators in Family Businesses should consider these 5 skills, Self-Awareness, Self-Control, Internal Motivation, Empathy and Social Skills. Trends are six points in a positive direction, or one on a negative direction. Family business owners, small business owners need to be aware that its their emotional intelligence that helps them lead; identify, assess, and control their [Continue Reading]
Crumbling Kaleidoscope
As leaders and owners we must operate with our eyes wide open, aware of our biases and guarded against them painting our own virtual reality. A local Family Business leader complained of Kaleidoscope like vision from time to time. “A kaleidoscope is an optical instrument, typically a cylinder with mirrors containing loose, colored objects such [Continue Reading]