A Family Business Means Business
Initial Situation The president of a family-owned business struggled to motivate and lead his six-person leadership team consisting of family and non-family members. Conflict was not addressed openly, and when it was addressed, conflict was not handled constructively. Because difficult conversations were avoided, creativity and risk-taking were limited. The company was on the precipice of more growth, but the president was concerned that his leadership team lacked the trust and cohesion required for successfully expanding the core business.
Results The leadership team became more comfortable and able to approach difficult topics with one another. Team members reported a new level of trust with one another—including family members and non-family members. Conversations that had previously been avoided were aired, and new levels of honesty enabled more creativity and risk-taking by the team. The company grew in scope as well as profitability, both of which were attributed, in part, to better working relationships and improved communication among its leaders.