This once-in-a-lifetime conversation between Dr. Marshall Goldsmith and Mikel Williamson is moderated by First Bank's Senior Vice President and Director of the Center for Family-Owned Businesses Ed Hart. Goldsmith and Williamson discuss how leadership has evolved in the past few years and what traits and characteristics exist in the world's greatest leaders. Watch now.
The article, “Managing Change in a Rapidly Changing World,” written by Dr. Marshall Goldsmith, Ph.D., Exec. Coach and Educator, Award-Winning Author, Thinkers 50 Hall of Fame Member, and originally published on marshallgoldsmith.com, discusses the importance of managing change in today’s ever-evolving business climate.
The article “The Impact of Key Performance Metrics on Family Business Succession” discusses how family-owned businesses share many strengths; however, a key area that needs significant improvement is succession.
The article, “Research Reveals Claw-Back Bonus Schemes Can Lead to Big Losses,” debates the pros and cons of “loss-framed” bonuses, or those pre-paid to sales teams and then “clawed back” if targets aren’t met.
The article, “Thriving or Trapped in the Family Business,” by Michael Klein suggests that the best thing family businesses can do for family members working in the business is to ensure individual growth and satisfaction is nurtured daily.
The decision to sell a business can be difficult, especially when it’s a family business. How does a family business leader determine when it’s time to sell the family business and how can he or she best ensure a successful sale?
This article describes the “cold feet” phenomenon of business owners when preparing to sell or transition their business. The author shares a valuable tool, established by Orange Kiwi, that measures critical variables that are indicators of success.