October 13, 2005
ISSN 15465640
A free monthly e-zine with articles and tips from Family Business Experts who understand family values and business systems.
October 13, 2005 Issue #045 Family Business Experts
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In This Issue...
1. Our Managing Director Announces -
2. Business first family...Family first business
Family Busines Retreat
3. Legacy through Leadership
LP19. Aligning Associates with the Strategic Direction
4. Around the Family Business Experts web sites
1. Our Managing Director Announces -
The family business retreat is one of the most important strategies used to help strengthen the communication system in a family business. We give you some hints and tips about why you should consider a retreat and how to make it successful.
PlastiComm Industries' family and business philosophy is all about quality and putting customers first. Learn about the sons' outside experience and its benefits for succession, family and clients.
We continue with the Leadership Practices series, since these practices are the foundation for the processes that must be in place in order to achieve success.
Reminder: We've developed a couple of quick diagnostic assessments to help you. They are both fr*ee [at least for a while] and we try to deliver 48 hour turnaround of our analysis. Try them!
The Holonomic Top Down Assessment asks you about a combination of the 12 Main Enabling Processes that an effective organization has to have operating in order to achieve the 6 Desired Organizational Characteristics of effective organizations. Where your assessment indicates one or more of these are not working in your organization, we'll feed back suggestions as to the underlying Leadership Practices that might not be working.
Diagnosing from the other direction - Bottom-Up - we ask you to identify which of 29 Leadership Practices aren't present or working. From that, we point you to Enabling Processes and thus Desired Characteristics that probably aren't functioning.
Whether to contribute, challenge (or hopefully even praise) our newsletter, I encourage you to contact me directly Don, or our editor David.
Enjoy, and here's wishing you, your family, your clients... much success and a relaxing and memorable Memorial Day!
Don Schwerzler, Managing Director
Family Business Experts
2. Business first family...Family first business:
Family Business Retreat
A family business retreat strengthens family communications.
It could include family members and spouses not active int he business, and should be held off-site.
A facilitator who is also a family business expert increases the probability of success dramatically... just as steel is forged in a controlled but sometimes violent process, somtimes the same can be said of family communication!
There's usually a lot to discuss and a wide range of benefits to be gained, including the opportunity to celebrate and reflect on the successes.
Our Tips and Recommendations
More businesses than ever are using the Internet to reach local markets. If your business isn't one of them, you're going to be left behind.
Easy-to-understand wealth transfer planning guide for entrepreneurs, business owners and members of a family business
A proven holistic model for financial, tax and legal advisors to expand their family business practice
Becoming a Wealth Transfer Specialist
3. Legacy through Leadership
There are 29 Leadership Practices [LP] that are really the foundation upon which 12 holonomic or enabling processes[HP] are built, and which, in turn, produce 6 desired organizational characteristics [DOC]. We'll look at each in this section.
LP19. Aligning Associates with the Strategic Direction
Aligning Associates with the strategic direction ensures that, when Associates are assigned jobs or promotions, such assignments are based on achieving the strategic direction. Furthermore, how the organization hires, selects, orients, and trains its Associates is determined by the evolving strategic direction. Associates are hired and trained to go beyond current job assignments and their personal goals are aligned with the strategic direction.
Take our fr*ee assessment on the 29 Leadership Practices...
4. Around the Family Business Experts web sites
Search the entire content site
in two different ways
1. A search engine powered by ATOMZ has indexed all the pages on the site and will link you to those relating to any search term you enter.
2. A 'Table of contents' listing that will link you directly to any page / article you select. Use the Site Map Navigation Button from any major page on the site.
The family business retreat is one of the most important strategies used to help strengthen the communication system in a family business. See how this process can help yours.
Check out our new profile:
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Background information, testimonials to our service and understanding, and answers to FAQ's [Frequently Asked Questions]. Family Business Experts
There are many articles accessible from this page on the left side navigation bar.
Read the review of The Practitioner's Guide for Organizing an Organization and click on its ASK THE EXPERT link to contact Dr. Byrne who is an experienced user of the diagnostic tools.
And remember about our convenient new online billing with 100% assurance! Another step in our process of starting online business.
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Contact Don Schwerzler