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The Key to Ending Business and Domestic Turf Wars, by Dan Schneider

Dan_Schneider03_75x107Conflict and disagreement are natural human occurrences.  Sometimes they escalate to the level of a “turf war”.  The consequences may not always be fatal in terms of physical life and death, but all too often they lead to the emotional death of a relationship.  Sometimes it’s a domestic fatality, and sometimes it’s a business fatality.  The real tragedy is that neither has to occur.

Read more... [The Key to Ending Business and Domestic Turf Wars, by Dan Schneider]
 

Putting Your Business On Steroids, by Dan Schneider

Business_Succession_Planning_Advisor_Dan_SchneiderSome pretty famous people are back in the news for their alleged use of performance enhancing steroids.  That topic came up during a lunch with a client and a couple of her key advisors.  She turned to me and asked “Are there any steroids to enhance business performance?”

We all laughed, and then I said “Yes.  Of course there are.  We have been talking about them all morning; we just haven’t been calling them steroids.  We have been calling them by their generic counterparts:  policies, processes, and procedures.”  

Read more... [Putting Your Business On Steroids, by Dan Schneider]
 

Shift in the Employment Probability Teeter-Totter, by Loyd Rawls

Business_Succession_Planning_Advisor_Loyd_RawlsAs discussed in my previous post, our new economy has forced business’ to do more with less  causing the workforce to become more productive and resourceful.  The competition has created a contraction of margins that will not tolerate inefficiency, complacency, high wages or any presumption that future success can be achieved through practices of the past.  As a result, workforce competition has also increased and the rules have changed, causing the unemployment rate to rise.

Read more... [Shift in the Employment Probability Teeter-Totter, by Loyd Rawls]
 

Doing More With Less, by Loyd Rawls

Business_Succession_Advisor_Loyd_RawlsWe’ve been hearing a great deal about the unemployment rate lately as political pundits try to cast blame and gain leverage based upon the current 9% to 10% unemployment rate. Evidentially for many years it has been presumed that the unemployment baseline was 3% to 4% and during good economic times it would rarely drop below 3%.   This dynamic gives some level of support to my personal theory that at least 3% of the US workforce is unemployable and the percentage is only increasing due to higher expectations.

Read more... [Doing More With Less, by Loyd Rawls]
 

The Rescue Syndrome, by Loyd Rawls

Business_Succession_Planning_Advisor_Loyd_RawlsI doubt there will be any disagreement that parenting is a challenge. Surely anyone who has been privileged with offspring will agree. As a succession planner who is uniquely positioned within many families who are collaborating in business, I can affirm that bringing children into a family business greatly elevates the challenge of parenting. Family business is an oxymoron because family is an institution of unconditional acceptance whereas business is a institution of conditional performance.  As a result, being a parent can become even more challenging because, you can’t run a family like a business and you can’t run a business like a family.  As if the challenge of raising a child were not enough, the family business environment creates a constantly changing rule book. This can often lead parents to believe that the only hope for a child’s success comes with divine guidance toward a prayerful balance between unconditional love and performance accountability.

Read more... [The Rescue Syndrome, by Loyd Rawls]
 
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