Your SlideShare is downloading. ×
NOT consensus based decisions.  Make Objective Decisions-   www.FamilyBusinessBattleGround.com
<ul><li>If you are making business decisions based on a consensus to avoid familial discord, you may be setting the stage ...
<ul><li>Do you think your family business has advantages over </li></ul><ul><li>your larger competitors because you’re mor...
<ul><li>When it comes to operations, family businesses typically  </li></ul><ul><li>do have first-rate decision making ski...
<ul><li>When it comes to other areas    – particularly strategy and long-term direction for the  </li></ul><ul><li>family ...
<ul><li>Family businesses in the first generation have one  </li></ul><ul><li>primary decision maker who functions as both...
<ul><li>Family businesses which are beyond the peak earning </li></ul><ul><li>years of the founding generation make . </li...
<ul><li>Consensus  based decision making to please everyone </li></ul><ul><li>might not be the best.  </li></ul>www.Family...
<ul><li>Sometimes having a outsider or a family business expert </li></ul><ul><li>helps – mitigate the decision making pro...
Be a part of World Class Social Platform-  Handle changes in your Family Business. Surviving and Thriving in your  Family ...
Upcoming SlideShare
Loading in...5
×

Make Objective Decisions

589

Published on

Make you family business Objective decision - Not Consensus based decision.

Published in: Business, Technology
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
589
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Transcript of "Make Objective Decisions"

  1. 1. NOT consensus based decisions. Make Objective Decisions- www.FamilyBusinessBattleGround.com
  2. 2. <ul><li>If you are making business decisions based on a consensus to avoid familial discord, you may be setting the stage for trouble. </li></ul>www.FamilyBusinessBattleGround.com Credit:http://angeronmymind.files.wordpress.com/2009/01/j04393321.jpg
  3. 3. <ul><li>Do you think your family business has advantages over </li></ul><ul><li>your larger competitors because you’re more nimble </li></ul><ul><li>and therefore capable of making faster, better business </li></ul><ul><li>decisions? </li></ul>www.FamilyBusinessBattleGround.com
  4. 4. <ul><li>When it comes to operations, family businesses typically </li></ul><ul><li>do have first-rate decision making skills. </li></ul>www.FamilyBusinessBattleGround.com
  5. 5. <ul><li>When it comes to other areas – particularly strategy and long-term direction for the </li></ul><ul><li>family business – decision making abilities erode considerably. </li></ul>www.FamilyBusinessBattleGround.com
  6. 6. <ul><li>Family businesses in the first generation have one </li></ul><ul><li>primary decision maker who functions as both owner </li></ul><ul><li>and general manager of the enterprise. </li></ul>www.FamilyBusinessBattleGround.com
  7. 7. <ul><li>Family businesses which are beyond the peak earning </li></ul><ul><li>years of the founding generation make . </li></ul>www.FamilyBusinessBattleGround.com
  8. 8. <ul><li>Consensus based decision making to please everyone </li></ul><ul><li>might not be the best. </li></ul>www.FamilyBusinessBattleGround.com <ul><li>Putting emotions aside – </li></ul><ul><li>objective decisions must </li></ul><ul><li>be made – based on </li></ul><ul><li>economic and business </li></ul><ul><li>environment. </li></ul>
  9. 9. <ul><li>Sometimes having a outsider or a family business expert </li></ul><ul><li>helps – mitigate the decision making process. </li></ul>www.FamilyBusinessBattleGround.com
  10. 10. Be a part of World Class Social Platform- Handle changes in your Family Business. Surviving and Thriving in your Family Business www.FamilyBusinessBattleGround.com

×