One afternoon my thoughts wandered as to how many clients have sought me out when they have become stuck in a transition. The common denominator is that most have been leaders, executives or professionals, and all faced the end of their leadership role but not through their own choosing or timing.
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Have you ever thought that whatever business you are in, that your success and that of your team or business is often derived from making good decisions? Conversely it does not take much imagination to figure out that bad decision making can cause carnage. Whatever business you are in earning and developing the skills to make good decisions is critical in both business, within the family and in your personal life.
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It was Muhammed Ali that is famously quoted as saying that “He floats like a butterfly, but stings like a bee”. Well how we manage trust can have a similar effect, read on….
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Our article outlines some of the generational trends, challenges and potential solutions for managing multiple generations in the workplace.
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I suppose I should not be surprised, but I am, at how many well respected, successful people edge towards an age when mandatory or an unexpected “retirement” looms or occurs and they become unsettled. Often, I have found in my practice, that a significant reason they become unsettled is because they sense and fear that their self-identity is under threat. Having been defined by “what they do”, they are uncomfortable by suddenly being defined by “who they are”.
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Have you ever noticed two leaders dealing with the same issue? One lets the stress just “roll off” in a carefree manner while the other screams and no doubt spikes the blood pressure.
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In the family enterprise the CLO role has become to educate family members to be business owners and to think about the future of the family enterprise.
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We are writing this article to help leaders understand how boosting their EQ (Emotional Quotient) will help them be better leaders and benefit their businesses, families and teams.
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Glenn Hoddle (not his real name) is a highly successful first generation entrepreneur who has spent his whole adult life building Greaves, Inc., a highly successful family business. Glenn has always held the dream that his oldest son, Harry, might one day take over the family business.
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The intersection of trust is at the heart of all relationships. A family contains an emotional vault of family emotions, stress, and conflict and the dynamics of the family extends into the hearts, minds, wellbeing and success of the professionals and friends who support the family.
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Have you witnessed family members, business colleagues, business owners or managers begin to change how they act, think, react and plan when in their midlife?
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Are mid-career changes by an executive, masking issues in the second half of their life that need to be addressed?
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Why as board members, we should not view enhancing well- being as ”woo woo” but be engaged in supporting it. For several decades I have served on boards, served clients and served the stakeholders of businesses-shareholders, executives, regulators and employees.
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Let’s start with the premise that a family should yearn for engagement not estrangement. So, when family relationships are frayed, trust may be impaired. Such a family hopefully seeks reconciliation and a stronger knitted family..
Read MoreAsk a patriarch or matriarch of a family what they wish for and they will likely say a happy and healthy family. A deeper conversation may focus around wanting children to be successful, without any clarity of how success is defined..
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