Set Goals for the New Year
In this article, Lance focuses in on ways to achieve your succession goals.
Articles
Key Ingredients in Resolving Family Conflict
January 5, 2017 in Conflict Resolution and Communication in Family Business
Adding to a recent article where Lance offered four steps in managing family business conflict, this article adds a few elements for the time you might not have a neutral third party to help work...
Keeping Peace in the Family
December 1, 2016 in Conflict Resolution and Communication in Family Business
Every family business faces conflict, but how you handle it determines your future. Will it be peaceful? Or will you let it unwind the progress you have made? Lance teaches us how to consider, commit...
Grab Hold of Farm Transitions
December 1, 2016 in Succession and Estate Planning
When it comes to family business transitions there are two parts to the equation. Yes, it is important for the older generation to "cut the cord" or "let go" but what role does the younger generation...
A Duty to Disagree
November 11, 2016 in Conflict Resolution and Communication in Family Business
Conflict in a family business can be disastrous if not managed properly, but so can silence. Sometimes not rocking the boat can actually sink your ship. Consider these reasons why voicing your...
Your Land as Legacy
November 9, 2016 in Succession and Estate Planning
Your agricultural land is perhaps the most valuable and unique financial asset you own. It is part of your legacy and here are some reasons why that’s true.
Letting Go
November 8, 2016 in Succession and Estate Planning
Letting go and turning the leadership of a family business over to the next generation can be rough. Consider these ideas to aid in smoothing out the transition.
Use a Succession Scorecard
September 7, 2016 in Succession and Estate Planning
How do you know if you're transition is on the right route for a touchdown? Try using a succession "scorecard" to help you stay on track for a win.
Avoid Family Business Sins
September 2, 2016 in Conflict Resolution and Communication in Family Business
A successful family business is built over the generations. Make sure you're doing all you can to lay a good foundation by avoiding these five "sins" of family business.
The Length of Your Legacy
August 9, 2016 in Succession and Estate Planning
What gifts will you leave with your legacy? Lance reflects on the gifts left behind by his grandfather and their importance in his life.
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Learn, be challenged and reflect with our regular and distinctive writing on family business principles, generosity and faith.