Publications
March 2, 2015
PARTNERSHIP CONFLICTS INCREASE AS FIRMS GROW and partners are added, founders are compelled to not only give up control but acknowledge the criticality of buy-in, decision-making becomes more complex and communication becomes more difficult. Conflicts inevitably arise over time as partners grow in different directions, priorities re-align, and almost always eventually over how to allocate... Continue
February 21, 2015
Weekly Report 15-08
A FAMILY BUSINESS GENERALLY HAS UNIQUE BENEFITS BUT ALSO VERY TOUGH CHALLENGES including: (1) Handling unqualified or dysfunctional family members who must be brought-in ‘just because’ they’re family; (2) The Entitlement attitude of next-generation members – that the business ‘owes’ them a job and high compensation & benefits; (3) Children ‘reporting’ to protective parents and... Continue
February 14, 2015
Weekly Report 15-07
HIDDEN BIAS MAKES MOST OF US SUSCEPTIBLE to judgments & decisions which are often misdirected and/or less than optimal. The process of quick decision-making, known as heuristics or mental shortcuts, is efficient and can be effective but is subject to these hidden biases, stemming from : (1) Overconfidence – the general tendency for people to... Continue
February 14, 2015
Weekly Report 15-06
EVEN WITH EXERCISE, SITTING FOR LONG PERIODS INCREASES RISK OF DYING FROM HEALTH PROBLEMS BY 24%. Since “more than half of an average person’s day is spent being sedentary – sitting, watching TV or working at a computer” – this conclusion, from comprehensive analysis of 47 separate studies involving over 2.1 million people over 16... Continue
January 31, 2015