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You are here: Home / Archives for groupthink
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‘Business is Business’ and Family Dynamics

04/07/2016

The ‘business is business’ mindset can be a problem in a family enterprise. The family dynamics factor in a family business is strength and a weakness, an opportunity and a threat. Six best practices are proposed.

Filed Under: Articles, Blog Tagged With: advisory board, boundaries, conflict, family meeting, groupthink, transparency

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Family Business Boards Crucial to Decision Making

12/11/2013

There is a delicate balance between family and business in decision making. So, what processes can be installed to examine those decisions and offer the best outcomes? Boards offer a process and structure that should offer the ability to improve decision making. First in two-part series.

Filed Under: Articles, Blog, governance Tagged With: Corp! Magazine, groupthink, succession

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Two Key Questions – one for Owners and one for Managers

11/06/2013

“Is the business for sale?” and “Whose decision is it?” are two questions that deserve deep understanding for family businesses to be successful.

Filed Under: Articles, Blog Tagged With: annual family meeting, communication, Corp! Magazine, groupthink, keep or sell, legacy

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How to Avoid “GroupThink”

09/12/2013

If you are a family business the groupthink theory has to scare you. Can groups get to good decisions if the main goal is harmony and conformity?

Filed Under: Articles, Blog, governance Tagged With: Corp! Magazine, groupthink

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