Family businesses struggle to make decisions as they weigh impact on both the company and the family. Watch our blog this week as Wayne talks about the different kinds of decisions, how to easily categorize them, and how to “decide how to decide” for speedy resolution.
We look forward to hearing your thoughts and comments.
Chris Duininck says:
This blog is spot on! Every part of it spoke to the challenges we face as a company. The barbell analogy with new and old employees, their reaction to decisions and second guessing happens frequently.
Thanks for defining the challenges with identifying decision types. Great blog!
Wayne Rivers says:
Glad you liked it, Chris!
Jon Kenfield says:
Thanks Wayne. Another useful gem.
I also find it helpful to provide training in problem solving and decision making – so the family business can develop and adopt its own branded decision making process for all significant future decisions. It’s not onerous training, and it seems to make a huge difference.
Have you found the same thing?
Joe Saleh says:
Great Blog. It gets better every time. Good analogy!
Wayne Rivers says:
Thanks, Joe.
Marcos Lasanta says:
Wayne
Thank you again for a great blog and defining decision. I think is very important to distinguish the difference between them. By doing so, the appropriate approach can be utilize.
Ted Clark says:
Another great blog
William Lane says:
Do you have written versions?
I don’t have time to sit and listen.
Wayne Rivers says:
yes, William. Just click on the transcript link. Thanks.