Recent surveys have unveiled a resounding consensus among family business leaders: the imperative to explore untapped territories ranks among the top priorities for strategic evolution.
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, “Sharing Leads to Caring: Personal Details Help Cement Coworker Relationships” shares the surprising findings from a recent study published in Organization Science on the macro view of learning personal information about colleagues.
"The Fred Factor: How Passion in Your Work and Life Can Turn the Ordinary into the Extraordinary" details the true story of a seemingly ordinary mail carrier whose approach to work and life has the power to transform the everyday into the extraordinary. Read more about the Fred Factor and Mark Sanborn.
The article, “13 Things That Make Organizations Extraordinary,” by Mark Sanborn, and originally published on marksanborn.com, unpacks two decades of research to reveal what he refers to as the “Lucky 13”, or 13 critical elements that set leading companies apart from the rest.
The First Bank Center for Family-Owned Businesses held a webinar on January 17th about culture with Dr. Allie Taylor and Donna Brighton. Allie and Donna led a conversation to put together the culture conversations from our October and November webinars, and to increase understanding of how to harness the strength of the family system to build an organizational culture that accelerates business results.
Authors LeCouvie and Rhodes discuss key competitive differentiators, like family values and beliefs, that many family business enterprises enjoy in contrast to their publicly-held counterparts.