Family Business, privately held firms face many challenges. Coaching the Owner is often needed to keep focus, to understand the enemy named average and the virus called status quo. “I have difficulty sometimes talking to people who don’t race sailboats. When I was a teenager, I crewed Larchmont to Nassau on a 58-foot sloop [Continue Reading]
The #WorldCup and Family Business
In the #WorldCup – Team USA advanced to the “knockout” round, for only the third time, (1930, 2002, and 2014). Soccer, football (or Fútbol) around the globe, is simply “The World’s Game”. Soccer continues to grow in the US. Today with over 13 million Americans playing, it is the fastest growing sport in the US. [Continue Reading]
Are Talent Management or Organizational Development Family Business issues?
Talent Management is planning ahead. Sometimes Family Businesses don’t do enough Talent Management. Sometimes Family Businesses don’t recognize the value of Deming. When studying organizations and their control systems, it may be easy to load the structure into a PDCA-queue. PDCA equals Plan – Do – Check – Act. The company motto, vision statement, [Continue Reading]
Family Business, Workers and Organizational Relationships
How are Family Business employees similar or different than the working population as a whole? According to a recent Gallup survey of 5.4 million working adults, 52% of employees say they are not engaged in their work. They limp to work, toiling without passion. That’s half the workforce! Another 18% describe themselves as “actively [Continue Reading]
No Wrong Door, Welcome to the Puzzle House
To give, and not to count the cost to fight, and not to heed the wounds, to toil, and not to seek for rest, to labor, and not to ask for any reward, save that of knowing that we do thy will Family businesses are a key to the resilience of the American economy. Family [Continue Reading]
My Mothers Library.
My Mothers Library. My mom worked at the library. The Library became part of the family business. It was a township library. She ran the reference section. We learned many lessons from her. The reference desk or information desk of a library is a public service counter where professional librarians provide library users with direction [Continue Reading]
Education is not preparation for life; education is life itself.
Last week we meet with a number of CPAs, tax season was over. We talked about many things, their businesses, families and concerns. Many CPA firms are Family Businesses. Accounting is an information system. More precisely, it is the measurement methodology and communication system designed to produce selected quantitative data (usually in monetary terms) about [Continue Reading]
Mr. S Goes to Washington
Mr. Smith Goes to Washington is a 1939 American political comedy-drama film, starring Jean Arthur and James Stewart, about one man’s effect on American politics. It was directed by Frank Capra and written by Sidney Buchman, based on Lewis R. Foster’s unpublished story. Family Businesses, small to mid-cap firms would like the chance to address [Continue Reading]