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Advice

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By

Denise Federer
August 17, 2024

When work friends become bosses: Strategies to handle the transition

Relationships at work can and will change but one thing should remain the same: lines of communication should remain open.

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By

Denise Federer
July 4, 2024

Enhance your company’s value by revisiting your core values

The principles that hold a company together should be active — not antiques.

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By

Denise Federer
May 16, 2024

Why 'having the difficult conversation' is an essential leadership tool

Avoiding conflict — both in family or corporate-run organizations — has both short- and long-term consequences.

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By

Denise Federer
April 10, 2024

Mitigate the impact of key employee departures in a family businesses

A departure of a key employee in any company can sting, more so in a family business. But there are steps companies can take to guard against that kind of turnover.

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By

Denise Federer
March 5, 2024

In pursuit of a more perfect succession

Creating a family constitution is a challenging yet necessary part of a strong business succession plan.

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By

Denise Federer
January 17, 2024

3 keys to overcoming transition terrors for smooth business succession

"You can’t figure out emotion on a spreadsheet." But businesses can, with a focused accountable action plan, hand off the company from one generation to the next.

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By

Denise Federer
November 8, 2023

Resistance to change can destroy a family business

The status quo in an organization is a likely a recipe for failure.

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By

Denise Federer
September 28, 2023

Moving to the 'next up' CEO in a family business requires trust and transparency

Preparation for this transition should begin long before the first day.

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By

Denise Federer
August 17, 2023

Developing mid-level managers is essential — but often overlooked

The manager in the middle has an outsized impact on an organization.

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By

Denise Federer
July 13, 2023

Want a smooth family business transition? Embrace strategic planning.

The best kind of strategic planning prioritizes long-term goals over short-term comfort.

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By

Denise Federer
May 21, 2023

7 steps to making the hard changes in a family business a bit easier

Avoiding change, particularly in a family business, is a risky proposition.

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By Christina Faro-Pilliteri
May 11, 2023

Don't underestimate the value of a solid performance management plan

Performance management plans are vital to employee engagement, retention.

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By Jeff Durosko
April 17, 2023

Win the day with employees — even in a tight labor market

From luncheons to launching a monthly good news newsletter, there are better to ways to engage with a firm's No. 1 asset.

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By

Denise Federer
April 7, 2023

Keeping the family business (and the family) together

Tips from a psychologist on minimizing family fallout during business successions.

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By John and Billie Resnick
April 5, 2023

How to avoid a major pitfall inherent in family business succession plans

Buy-Sell Agreements aren’t necessarily simple, but they are significant.

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