The Second Commandment Of Family Business Succession: Create A Board

https://www.forbes.com/sites/forbescoachescouncil/2019/05/29/the-second-commandment-of-family-business-succession-create-a-board/#2797797a29ea POST WRITTEN BY Jacob M Engel Author and CEO of The Prosperous Leader. I help CEOs and their organizations prosper. Having a board as a private, family business usually seems like a nuisance at best and unnecessary at worst, especially when those board members are outsiders. "Why should strangers know all my problems or how much money I make or lose?" Most owners of privately owned companies are both officers and board members. They and their family members usually own most if not all of the shares. No wonder, then, why board meetings are almost nonex

4 Ways Leaders Can Protect Their Time and Empower Their Teams

We know that controlling what we pay attention to is the key to living an intentional life. According to an informal poll of my clients, one of the biggest impediments to attention management is “O.P.P.” — other people’s problems. This is a particular problem for my clients in leadership who find it difficult to disconnect from their team, even for short periods. The primary reasons they give for this constant availability are that they “don’t want to be the bottleneck that holds up important work,” and they want to be available to make decisions and mentor their staff through problems. So in this article, I want to take a deeper dive into learning to control your environment. When leaders’

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