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Casual Articles - Family Business and Its Communication Challenges
Monotony should be on the FBI’s most wanted list. It has killed more presentations than any of the deadly distractions. Everyone, not just those trained to perform critiques of speeches, picks up on monotony in a presentation.You don’t find any best-selling songs that use only one note, do you? Nor do you find great one-note presentations. However, monotony is not just speaking in a monotone - that is using just that single note. It is a lack of variety in every element of your presentation.The antithesis of monotony is variety. You can add heat, color, excitement, emotion and expressiveness by bringing variety to your presentations.First, let’s talk about the vocal elements.You should vary the notes, the sound level, and the flow of your words. Vary between a whisper and a shout. Sp
Habits get a bum rap. When you think about your habits, I bet you think of the “bad” ones - the ones that you aren’t particularly proud of, like eating too much sugar, or smoking, or dwelling on your negative thoughts. According to Webster’s dictionary a habit simply is: A pattern or action that is acquired and has become so automatic that it is difficult to break.It’s easy to see how if you start a behavior, and continue to reinforce it, it quickly becomes a habit. The pint of Ben and Jerry’s after dinner, playing Free Cell when you should be making calls, or always leaping to a negative conclusion when something happens. Once habits are formed, they can be hard to break, correct?Get ready for a new perspective – habits can be good! What if, instead of relating to your habit as a problem, you wer
In business (family and other), it is not uncommon for a communication gap to go on for a very long time without being addressed. People are often reluctant to face a communication problem head-on, and often may not even be aware that poor communications are the hidden root cause of some other business problem. If we are out of sync with our business partners or colleagues, and we choose not to discuss our differences, the business can, and usually will, suffer.
When complacency sets in or when we try to ignore a problem, hoping it will go away on its own, no matter how well we try to camouflage the issue and keep things looking "normal" on the surface, we stop maximizing our potential, and the potential of the business.
If the ongoing challenge of business is to figure out how to compete in a constantly changing landscape, the solution requires a commitment to a continuous dialogue between the key parties to determine how to leverage strengths and maximize opportunities - and to cope with individual communication styles.
Successful organizations are willing to ask tough questions (and to hear tough answers) and foster collaboration to determine optimal solutions. No matter how smart and independent we are, it is pretty much impossible to succeed over a sustained timeframe by ourselves. The art of strategically combining resources, skills and thinking enab
The pressure and focus on bottom lines for a manager is tremendous. The manager spends the entire day in number crunching and taking decisions purely on the basis of optimum profitability. While this may seem quite good, the manager may actually be losing money for the organization by losing focus on a broader and more valuable aspect of vision and leadership.World class organizations and managements are those that while being profitable have also a great vision. Everyone is very clear about the direction in which the organizations is headed and willingly contribute towards achievement of those goals and visions. The sharing of vision is so effective that most of the employees and more so the management believes that it is their vision and not the organizations.None of these great organizations ha
When complacency sets in or when we try to ignore a problem, hoping it will go away on its own, no matter how well we try to camouflage the issue and keep things looking "normal" on the surface, we stop maximizing our potential, and the potential of the business.
If the ongoing challenge of business is to figure out how to compete in a constantly changing landscape, the solution requires a commitment to a continuous dialogue between the key parties to determine how to leverage strengths and maximize opportunities - and to cope with individual communication styles.
Successful organizations are willing to ask tough questions (and to hear tough answers) and foster collaboration to determine optimal solutions. No matter how smart and independent we are, it is pretty much impossible to succeed over a sustained timeframe by ourselves. The art of strategically combining resources, skills and thinking ena
Do you use Ryze or LinkedIn to promote your web based business? If so, you may have noticed that everything is linked to everything else. Here's how to take the shortest path to networking success: use keywords and a targeted linking strategy.On Ryze and other major networks, connections are happening everywhere. It's like real life, but far more obvious because it's in print before your eyes. But what you may not have noticed, is that keywords are the very thing that drives your online business connections.Online networks such as Ryze have live links built into them for a reason. They're your opportunity to directly connect with people who can help you achieve your business goals. Such links enable you to "trace a path" from connection to connection. If you think about this long eno
If the ongoing challenge of business is to figure out how to compete in a constantly changing landscape, the solution requires a commitment to a continuous dialogue between the key parties to determine how to leverage strengths and maximize opportunities - and to cope with individual communication styles.
Successful organizations are willing to ask tough questions (and to hear tough answers) and foster collaboration to determine optimal solutions. No matter how smart and independent we are, it is pretty much impossible to succeed over a sustained timeframe by ourselves. The art of strategically combining resources, skills and thinking ena
Whether you pronounce it “nitch” or “neesch” doesn’t make a bit of difference. The concept of targeting a small segment of a much larger group of potential buyers – based on the nature of your product or service – can make a huge difference on your bottom line.It all goes back to that old marketing truism about you’re being better off hunting with a rifle than a shotgun. Odds are the buckshot from your shotgun blast will hit something, but a well aimed bullet from your rifle is virtually certain to hit your desired target.“Niche,” by the way, has its roots in the French language. And most of us in the U.S. pronounce it “nitch.” Purists, however, along with lovers of French – not to be confused with French lovers – are correct when pronouncing it “neesch.” Either way, the ability of a business
Successful organizations are willing to ask tough questions (and to hear tough answers) and foster collaboration to determine optimal solutions. No matter how smart and independent we are, it is pretty much impossible to succeed over a sustained timeframe by ourselves. The art of strategically combining resources, skills and thinking ena
So you made your first attempt to run a small business but it didn't go so well? Not to worry... you have the rest of your life to do it all over again, and next time around you'll at least know what NOT to do. Here are some common obstacles that can sabotage a new business owner operating on a shoestring budget - and how to fare better the second time around.Ostacle 1. Lack of Funds. Bottom line, you need funds. How will you hire that designer without cash? What about office equipment? Most importantly, how will you retain a loyal team of workers if you can't support them? Without a nest egg, your business is surviving on a wing and a prayer. Sorry, but prayers don't cut it in the real world.Solution: Start saving. Your baby business needs financial sustenance to thrive and grow. Lo
Planning for effective succession
Communication issues are often magnified in a transition situation, which is why the healthy existence of any business requires both a succession plan and good succession management.
A succession plan requires the right candidates and addressing a myriad of financial and legal issues, but the transition itself requires great communication. Even capable candidates will fail unless there is an open and productive dialogue taking place. In a family business where a parent is developing a child to take over, or in a non-family business where an owner is trying to delegate in order to free themselves up to focus on business development, it is common to hear (above or below the surface) the following:
Successor: "How can I ever grow if you don't delegate?" Owner: "You're inexperienced. You don't understand what it took to develop this business." Successor: "I'm supposed to be in charge, but every time there is a problem, you get involved." Owner: "Of course I want to stay involved; it's my business at risk."
New ways of looking at an old situation can be a breath of fresh air and he
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