:https://www.forbes.com/sites/forbescoachescouncil/2019/08/26/the-seventh-commandment-of-family-business-succession-dont-create-competition/#325ccffa364b Many family businesses create internal competition for the top job, the idea being that it’s survival of the fittest. However, this only creates friction between the contenders. While in other companies, those who don’t get the top job will leave, in a family business, if they leave, it creates resentment and acrimonious rel
Prosperous Leaders = Prosperous Business Have you ever thought about what makes a business prosperous? Why are there companies in the same space, same market, same geography that are on the top of their game and why are there those that are failures? Why are some employers, the place to work and why are some employees the people to hire and why are others a dysfunctional work environment and some employees toxic ? Then again, some may have read business books or may even have
As the Bible tells it, the first crime committed was a lapse of self-control. Eve was forbidden from tasting the fruit on the tree of knowledge. But the temptation was too much. The fruit was just so “pleasing to the eye, and also desirable for gaining wisdom,” Genesis reads. Who wouldn’t want that? Humanity was just days old, but already we were succumbing to a vice. The takeaway from this story was clear: when temptation overcomes willpower, it’s a moral failing, worthy of
Personality At Work In an ideal world, every employee would finish every item on his to-do list without any problems or stress. Back in the real world, the sheer number of things to do is dizzying and there’s only a finite amount of time to get them done. This means that time management—the art of using your time productively, based on the day’s priorities—is one of the most important skills your employees can have. Now, there are so many time-management tips online that you
You have an estimated 70,000 thoughts per day. That's 70,000 chances to build yourself up or tear yourself down. If you call yourself names, doubt your abilities, or second-guess your decisions, you'll harm your performance (and most likely put your physical and psychological health at risk). But the good news is that you can change the way you think. Here are five exercises to train your brain for happiness and success: 1. Differentiate between ruminating and problem-solving
Jacob M Engel, Prosperous Leaders = Prosperous Business.CEO Coach | Consultant | You too can achieve success Evaluating a successor is one of the most (if not the most) difficult challenges of any CEO, especially in a family-owned business. In fact, it's been said that the test of a successful CEO is how well he or she brings on a successor. The challenges can be quite a few; I will enumerate some of the more common ones. 1. The current CEO has not decided to move up or on.
What makes the difference? Attitude. Achievers have a can-do attitude that sets them apart from mere dreamers. Achievers are sold out to success—no matter the obstacles—and they are willing to put forth the effort and pay the price of success. Here are 10 tips to reveal your own can-do attitude: 1. Disown your helplessness. Can-do people aggressively pursue solutions, and, in the process, uncover creative solutions others never even try to find. Rather than wallowing in helpl