Decision Making in Your Family Business: A Guide for Owners

Group decision making is a topic that has spawned many academic studies, books, and white papers. It is never easy to get a group of human beings to make a decision together. It’s hard enough for a single individual to make a decision! Add to the mix more people with their cultural differences, values, needs, […]

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Fair Process for Decision Making in Family Businesses

Dear Richard, I have enjoyed reading your blog posts over the years. My parents are in the process of transitioning the ownership and management of our family’s business to my brother, sister, and me. All three of us are in our mid to late thirties and have worked our way up in the business for […]

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“Being Right” is Dead Wrong

My colleague, Andy Bryce, and I were able to spend two days last week working with a wonderful family who are in the middle of a multi-year transition of the family’s business to their very capable rising generation. Today, as we reflected on the progress the family had made together, Andy and I were musing […]

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Being on a Roll, Part 4

We’re ready to take a deeper dive now, exploring the difference between analytical and intuitive thinking. Dr. Roger Sperry, a 1981 Nobel Prize winner, found that two distinctly different brains coexist inside our heads. Each processes information quite differently and independently from one another, using different processing languages.  As a result, each one accumulates and […]

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