MUSINGS
Ideas and inspiration from what I’m
watching, reading and researching.
How to Avoid Common Mistakes in Family Businesses – Part 2
In 1991, Gerald Ratner wiped £500m off the value of the family business, Ratners Jewellers, with one much-maligned speech. He said, “We also do cut-glass sherry decanters complete with six glasses on a silver-plated tray that your butler can serve you drinks on, all for…
How to Avoid Common Mistakes in Family
In 1962, two executives from Decca Records invited The Beatles for an audition. But they weren’t very impressed. Two weeks later, they told the band’s manager they wouldn’t be signing them. The reason? “Four-piece groups with guitars? That trend is over.” Whoops. Whilst not all…
Evolution of Succession Planning
Family-owned businesses have long been the backbone of Asia’s economic landscape. Key to their renowned longevity are succession plans. But as the years pass, the dynamics of succession plans are changing – not just in Asia, but worldwide.
Why JB’s Executive Coaching is a Must-Have for Family Businesses
In the world of family businesses, challenges are common, and the stakes are high. Often, family business leaders only realize they need help after facing tough times and failures. Perhaps you can relate to that. Perhaps you’ve considered working with an executive coach but deemed it a luxury rather than a necessity. Let me show you why this isn’t the case.
Nurturing Legacy and Values in Family Business Growth
The story of Doucette’s Boat Building is a heartwarming one. It’s a blend of legacy, mentorship, and unwavering values – the keys to sustained success. What can we learn from their example?
Empathy: The Key Trait in Business That Sets Exceptional Leaders Apart
Empathy is the ability to understand and share the feelings of another person. It goes further than sympathy. Why? Because it needs people to genuinely connect with others on an emotional level. But it’s more than an emotion – it’s a skill. And, like any skill, it can be developed to create a more supportive and harmonious environment within your business.
How Family Dynamics Shape Family Business
Combining personal and professional lives also presents unique challenges within the family dynamics. Sibling rivalry, birth-order effects, and parent-child relationships can all impact the unity within the family. And therefore, the success of the business.
Heinz’s Colorful Experiment: Breaking the Rules of Ketchup
In the year 2000, Heinz Corporation made a bold and risky move. Something that defied the norms of the condiment industry and dared to break the sacred law of ketchup: that it must always, always be red.
A Legacy of Giving: Uniting Generations for a Brighter Future
In a small Southern town, an established family foundation faced a pivotal moment. Their founder had passed and their Executive Director was set to retire.
What would happen next? How could they transition to new leadership with an interspersed next generation? How could the board align and set the foundation on the right path?
Resolving Interpersonal Conflicts in Family Businesses
Resolving conflicts in family businesses: The inspiring Alvarez family journey. Join the Alvarez family on their transformative path to harmony within their fourth-generation bakery. With open communication and a commitment to resolution, see how they overcame mounting tensions, and rebuilt trust as well as their business.
How to Avoid Common Mistakes in Family Businesses – Part 2
In 1991, Gerald Ratner wiped £500m off the value of the family business, Ratners Jewellers, with one much-maligned speech. He said, “We also do cut-glass sherry decanters complete with six glasses on a silver-plated tray that your butler can serve you drinks on, all for…
How to Avoid Common Mistakes in Family
In 1962, two executives from Decca Records invited The Beatles for an audition. But they weren’t very impressed. Two weeks later, they told the band’s manager they wouldn’t be signing them. The reason? “Four-piece groups with guitars? That trend is over.” Whoops. Whilst not all…
Evolution of Succession Planning
Family-owned businesses have long been the backbone of Asia’s economic landscape. Key to their renowned longevity are succession plans. But as the years pass, the dynamics of succession plans are changing – not just in Asia, but worldwide.
Why JB’s Executive Coaching is a Must-Have for Family Businesses
In the world of family businesses, challenges are common, and the stakes are high. Often, family business leaders only realize they need help after facing tough times and failures. Perhaps you can relate to that. Perhaps you’ve considered working with an executive coach but deemed it a luxury rather than a necessity. Let me show you why this isn’t the case.
Nurturing Legacy and Values in Family Business Growth
The story of Doucette’s Boat Building is a heartwarming one. It’s a blend of legacy, mentorship, and unwavering values – the keys to sustained success. What can we learn from their example?
Empathy: The Key Trait in Business That Sets Exceptional Leaders Apart
Empathy is the ability to understand and share the feelings of another person. It goes further than sympathy. Why? Because it needs people to genuinely connect with others on an emotional level. But it’s more than an emotion – it’s a skill. And, like any skill, it can be developed to create a more supportive and harmonious environment within your business.
How Family Dynamics Shape Family Business
Combining personal and professional lives also presents unique challenges within the family dynamics. Sibling rivalry, birth-order effects, and parent-child relationships can all impact the unity within the family. And therefore, the success of the business.
Heinz’s Colorful Experiment: Breaking the Rules of Ketchup
In the year 2000, Heinz Corporation made a bold and risky move. Something that defied the norms of the condiment industry and dared to break the sacred law of ketchup: that it must always, always be red.
A Legacy of Giving: Uniting Generations for a Brighter Future
In a small Southern town, an established family foundation faced a pivotal moment. Their founder had passed and their Executive Director was set to retire.
What would happen next? How could they transition to new leadership with an interspersed next generation? How could the board align and set the foundation on the right path?
Resolving Interpersonal Conflicts in Family Businesses
Resolving conflicts in family businesses: The inspiring Alvarez family journey. Join the Alvarez family on their transformative path to harmony within their fourth-generation bakery. With open communication and a commitment to resolution, see how they overcame mounting tensions, and rebuilt trust as well as their business.