Strategies for Recruitment 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. Here are some of the things we uncover: Talent acquisition,… [Read More]
Hiring and Recruitment
Hiring into the Family Business
8 Tips for Finding a Good Fit 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… [Read More]
Succession – Dealing With Emotional Issues in Choosing a Successor
What if the chosen successor doesn’t have the right skills for the business? 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. (9 minutes) This information is for members of the Galliard Family Business Advisor Institute –… [Read More]
ESOPs – What, When and How
What Kind of Client Might Benefit, When to Talk About Them and What To Say Would your clients want to know how to make a leveraged buy out tax deductible? Join Michael Golden, Senior Vice President of SES Advisors and an expert in Employee Stock Ownership Plans as he walks us through the process and… [Read More]
Fallout: Protecting the Family Business Through a Divorce
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… [Read More]
Advisor Skills Video Playlist
A series of videos from the GFBAI archives: Coaching Skills – Interview with a Master Coach Building Your Company’s Reputation Don’t Go with Your Gut Building Trust with Clients Improving Communication through Reframing Succession – Dealing with Emotional Issues in Identifying a Successor This information is for members of the Galliard Family Business Advisor Institute… [Read More]
Building Your Practice Video Playlist
A series of videos from the GFBAI archives: The Collaboration Imperative Building Your Practice – Tips For Raising Awareness Collaborating and Contracting Engaging the Family Business This information is for members of the Galliard Family Business Advisor Institute – please sign in:
Clarifying Management Roles and Expectations
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. I recently visited a company… [Read More]
The Coming Family Business Crisis
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. Ownership transition is deadly for the 90 percent of American small businesses that are family-owned or closely-held: by some estimates, fewer than 30 percent… [Read More]
6 Steps To Get The Most Out Of Your Exit Plan
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… [Read More]
