Galliard Family Business Advisor Institute
In our Human Resources consulting practice, one of the problems clients often share with us is the difficulty they say they have with finding the right people. Many times, we find only a haphazard process [or no process] behind their recruitment efforts.
…Tom shook his head and looked down in complete defeat. “The guy was great in the interview. He knew his stuff and he has a perfect background for this kind of work. I never figured he’d be such a jerk.”
How many times have we heard about bad hires?
…How advisors can help make environments safe so difficult conversations can be held and how to manage emotional issues in a business as they develop future leaders.
…Would your clients want to know how to make a leveraged buy out tax deductible?
…I walked into Dan’s office on a bright spring morning expecting to hear about his recent ‘wins’ with his new hiring strategy. Instead, I found Dan, the CEO of a small family business and a long-term client, sitting in the dark, the shades pulled and his head in his hands.
He asked me to shut the door and silently motioned for me to take a seat beside his desk. “Sally and I have decided to split. We’ve been trying to make this marriage work for years and I guess we’re just too tired to do it anymore.”
…A series of videos from the GFBAI archives:
A series of videos from the GFBAI archives:
As a business evolves and grows, the roles and expectations of managers, including owners, begins to shift. However, in many cases, this simply happens by default, with little or no discussion. Problems can arise when expectations differ and when people don’t perform in a way that is consistent with expectations.
…If someone told you that about half the people who run half of America’s most active and inventive businesses will retire in the next four years, would you care? You should.
…Family business owners often ask us how a solid exit plan can increase the value of their business and ensure a fair price if and when they put their business on the market. In addition to making sure you have a successful products and services, there are actions you can take to increase both the value of the business and the likelihood that you will realize that value.
…The recent release of the Financial Inquiry Commission report offers a gruesome picture of Wall Street wheeling and dealing although blame is apportioned to many. Similarly, the Presidential Commission Inquiry on the BP oil spill in the Gulf documents extensive corporate corner-cutting and deceptive communications. Given such examples of corporate irresponsibility, one might look skeptically at corporate America’s attempts to gloss over disasters such as these through clever ad campaigns.
…Have you ever…
There’s an old saying about economists that crops up every now and then, and goes a long way toward explaining why economic analysis sometimes gets a bad rap. The saying is that an economist will look at a person with one foot in a bucket of ice and the other in a bucket of fire and proclaim that, in terms of an average temperature, that person should be just fine.
…For companies wanting to build their Bench Strength. Lisë Stewart, Founder and Director of Galliard, provides a practical, clear and usable outline for designing and implementing a simple mentoring program in any size of company.
…Every generation takes a slightly different approach to life and work. With the emerging millennial generation workforce, these different approaches are affecting how business owners think about the workplace and the future of their companies. The gap can feel particularly pronounced in family-owned businesses where parents and children are working together.
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