The Key to Ending Business and Domestic Turf Wars, by Dan Schneider |
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Conflict 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.
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Read more... [The Key to Ending Business and Domestic Turf Wars, by Dan Schneider]
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Putting Your Business On Steroids, by Dan Schneider |
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Some 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.”
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Read more... [Putting Your Business On Steroids, by Dan Schneider]
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Shift in the Employment Probability Teeter-Totter, by Loyd Rawls |
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As 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.
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Read more... [Shift in the Employment Probability Teeter-Totter, by Loyd Rawls]
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Doing More With Less, by Loyd Rawls |
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We’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.
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The Rescue Syndrome, by Loyd Rawls |
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I 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.
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Read more... [The Rescue Syndrome, by Loyd Rawls]
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