Dealing With Bad Behavior
//October 14, 2024 - Issue #127
Employees With Toxic Traits Can Still Be An Asset at Family Firms The emotional connection that families have with their companies can encourage good performance -- even from employees with narcissism, psychopathy, and Machiavellianism.
'Performance-Enhancing Vices': Good for Business, Bad for Relationships Advisor and author David Werdiger talks about the business benefits and personal drawbacks of being selfish and stubborn.
Editor's Pick
Kimberly Eddleston
No a**hole rule by Robert Sutton
This video offers an overview of Robert Sutton’s Harvard Business Review article and book titled, “The No A**hole Rule.” It reminds us about the need to be civil in the workplace and not to tolerate bad behavior. From an entrepreneurship standpoint, it highlights the need for good leadership and the importance of creating an organizational environment that brings out the best in people.
http://www.youtube.com/watch?v=gS2GBq5lKAU
'Succession' Hits Close to Home at Family Firms A family business advisor finds more than a few similarities between the HBO hit and real families. Here's how to minimize the rancor.
Family Businesses Can Learn From the Battling Brothers of Oasis Fighting caused Liam and Noel Gallagher to throw away 18 years of work. Family firms must do these five things to avoid the same fate.
The 'Fredo Factor:' How Deadbeats and Troublemakers Hurt Family Businesses As the Corleones and many other family firms have learned, bad-apple relatives can wreak havoc. How to deal with your "Fredo."
Surprising reasons owners exit family businesses Concentrate less on succession planning and more on managing conflict and making the firm profitable.
Why Families and Their Firms Behave Badly Sometimes the worst behavior happens for all the right reasons. Putting "family first" can jeopardize the business's health and longevity.
Managing Emotional Minefields Within Family Businesses We're all only human -- but preventing outbursts in front of customers and other non-family members preserves your reputation and relationships with stakeholders. 
How Family Firms Can Prevent (or Cool Down) Sibling Rivalries Koch Industries, McCain Foods and Robert Mondavi were all roiled by sibling battles. These three strategies will help you prevent it.
A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. Read more...
When families treat readiness as something they cultivate together, the handoff feels less like a loss and more like a natural next step. Read more...
Unless you clearly define what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended. Read more...
Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty. Read more...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation