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Responsibility Diffusion: A Critical Impediment When Growing a Family Business

“Responsibility diffusion is a critical impediment to successfully growing a family business. And, the larger the family business grows, the larger the problem becomes!” opines Don Schwerzler, an internationally recognized family business expert who has been studying and advising family business owners for more than 40 years. As a family business expert dealing with growth and profitability […]

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How Do You Brainstorm Great Ideas?

Were you also part of a so-called “brainstorming sessions,” where both the process and the results were very disappointing? A lot of them are done in the wrong way. The spiritual father of the brainstorming technique is the American Alex Osborn. He describes when a group works together, the members should engage in a “brainstorm,” […]

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Succession Planning Obstacles and Guidelines in Family Business

You have to find the obstacles, then overcome them… fly over them, dig under them, outflank them to move around them. And it is often the ones that you didn’t see that cause you the biggest problems! Succession planning for family businesses is just like a physical obstacle course. Every family and family business situation […]

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10 Reasons to Stick your Neck Out!

Eight years ago, I called my business “Resolve Gets Results,” because the world “resolve” connotes both the determination to succeed and the problem solving mentality essential in business. When I first started blogging 8 months ago, I didn’t know where it was going to take me or quite why I was doing it. I had a gut […]

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My Boss Is an Ass

Let’s face it. Your boss might not be the most emotionally evolved mammal on the planet.  Chances are you will have to deal with (or have already dealt with) a boss that is all too like the chicanery you see from Dunder Mifflin’s leadership team. No matter what you do, it’s never enough.  Your results […]

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Are Women Good for Business?

Do women or men make better leaders? Recently, McKinsey republished an article from 1976 entitled ‘Sex bias – still in business’ with the following 2014 introduction: Despite much talk of equal opportunity for women, discrimination persists in business. This 1976 McKinsey Quarterly article, part of a series celebrating our 50th anniversary, shows how companies should correct […]

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I’m Your Boss, Not Your Friend: 10 Reasons Why Your Boss Shouldn’t Be Your Friend

Is it ever OK for a manager to be friends with their employees? Believe me, this isn’t just a question brand new manager’s struggle with (and most of them do). It’s an issue a lot of experienced managers are questioned about as well, and many of them don’t think it’s a problem at all. The […]

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Our One-on-one with the World Leading Expert on Family-owned Businesses, Don Schwerzler

Don Schwerzler is arguably the world’s leading expert on family business.  In fact, he has been working and advising in this field since 1967, a track record of almost half a century.  Don has been published in many leading business magazines, newspapers, and trade magazines.  He is also the founder of the Family Business Institute and runs […]

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Everyone Knows Their Weaknesses, Now It’s Time to Exploit Your Strengths

Note from the Editor:  This article was originally published in the Reading Eagle’s Business Weekly and is re-posted with their permission.  It was contributed by Dr. Santo D. Marabella, The Practical Prof(R). * * * * When companies talk about setting up “shop” overseas or outsourcing certain operational functions (i.e. accounting), they are typically trying to cut costs. […]

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Ethical Leadership, Decision-making, and Organizations

Ethical decision-making and leadership are the basis of ethical organisations, corporate social responsibility, ‘Fairtrade’, sustainability, the ‘triple bottom line’, and other similar concepts This article introduces the concept and reasoning behind ethical leadership and ethical organisations. Ethical principles provide the foundations for various modern concepts for work, business and organisations, which broaden individual and corporate […]

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Innovators or Sheep?

Have you ever notice that so many companies want to be visionary? Able to predict future products and services you need; but yet they also say they respond to market demand by being market-driven. Seems to me that’s an oxymoron. Can you be both market-driving and market-driven? To disruptively break free from reactive business strategy […]

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What Is Dignity?

Editor’s Note:  The author is an expert and practitioner of the growth strategy framework, Delta Model.  The Delta Model is based on the teachings of MIT professors Dean Wilde and Arnoldo Hax.  It aims to change your strategic thinking, identify new sources of revenue, and transform your overall organization.  This article is based on the business principles taught […]

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