Family Business Issues


01Feb 2010

"Doing Good" While Making Money

There is an increasing emphasis on the inter-relatedness between the process of making money (whether through active business activities or through investments) and also having a positive impact on one’s community (either at the local, national or global level). The focus, along with developing opportunities, applies to individuals and families, small businesses, corporations, and family foundations. Let me share with

28Dec 2009

The Problem with Trying to Be "Fair" With Your Children

In my role as a family coach for wealthy families, one of the common issues that arises is the parents’ desire to be “fair” with their children and grandchildren. (I put “fair” in quotation marks because it really is an unusual term that is defined differently by many people and is almost totally based on perception.) For whatever reason, and

15Nov 2009

Mentoring — Transferring Information & Experience to the Next Generation

I started reading a good book this week — A Game Plan for Life: The Power of Mentoring by John Wooden and Don Yaeger. It was recommended to me by a good friend, and I always try to pass on worthwhile reading to others. The first part of the book covers the seven mentors that influenced Coach Wooden (for those

22Oct 2009

Five Observations from Businesses Who Succeed (or Don't) in Difficult Times

Given that I have the opportunity to interact and observe with businesses across the country, it gives me the potential to learn from those whom I serve and interact. In preparing for a presentation to a chamber of commerce luncheon, I decided to share some of the observations I have gathered over the past months. I have seen businesses who

13Sep 2009

Father & Sons — Some Observations

Most of the work I do is with families — family-owned businesses, families who work together, families who have sold businesses and now manage the resulting assets together, and just plain families. And in my everyday life I have the opportunity to interact with and observe families of all configurations. Add my own personal life, of being a son, and

09Aug 2009

Adult ADD / ADHD — Understanding it; What Can Be Done to Help

Given the multiple “hats” that I wear professionally, some people know only about certain areas of service I provide (for example, consulting with successful business families) and not with other areas (evaluating individuals with ADD / ADHD and learning difficulties).  So I thought I would share some about the ADD / ADHD side of my work. Although many people talk

02Aug 2009

Subtle Aspects of Life That Wear Us Out

Part of my job as a psychologist is to observe — observe patterns of behavior, be attune to my own thoughts and feelings, and to derive some potentially helpful information form patterns I see. In recent months and weeks, I have observed some factors in life that really wear people down — they are not really hidden but are often

11Jun 2009

Business Owners, Managers Feel the Pain, Too (Reprise)

An entry I wrote in April about the challenges owners and managers of businesses face in today’s economic environment was published in today’s business section of the Wichita Eagle.  If you missed it previously, you can read the article on the Wichita Eagle website.

02Jun 2009

Lessons from Nature for Daily Life & Business

I live outside of town (for those who grew up in a rural setting, it would be a stretch to say we live in the “country” — although for those who live in an urban setting, they would think so — lots of trees and animals, and we live on a dirt road).  And I love to take walks in

05May 2009

Characteristics of Healthy Workplace Environments

Recently, the American Psychological Association recognized 14 companies as leaders in creating healthy workplace environments. Besides just helping their employees “feel good” (the ubiquitous reply to anything psychologists do), there are some practical economic benefits for the companies as well: One company has reduced absenteeism by 34 percent The average employee turnover for the top five award winners was 11

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