Dealing with people and relationships involved in the management and ownership of the family business needs careful thought as emotions are involved and can affect the communication and decision-making processes.
Self-efficacy can be built by developing the emotional flexibility of employees, according to new research from Nyenrode Business University, VU Amsterdam and IE University Madrid....
Generating a constant and satisfying stream of income can be a complex task. In working life, the work to get paid cycle is straightforward. However,...
Paul Andrews is joined by Stephen Bamfylde for an insight on building an outstanding leadership team comprising family and external talent. A significant challenge facing...
A good insight into some of the challenges facing family firms and the family dynamics that promote smooth transfer to the next generation. Forty years...
Hiring non-family executives helps ensure longevity, but it requires strategic finesse. Next-generational succession is one of the main challenges facing family businesses globally today. Owner-managers...
For those involved in the management of the family firm beware that staying true to your roots can foster inertia when innovation is most necessary....
The knee-jerk reaction of too many people in leadership positions when they feel wronged is righteous indignation and the urge for revenge. Forgiveness can make...
The government’s furlough scheme has been keeping many family businesses afloat, but with new restrictions and the threat of a second wave looming, will the...
