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There is a shortage of skilled labor in . When there simply aren’t enough people to do the work, what can you do? In Digging Deeper this week, Dennis shares ways you can achieve more in spite of the chronic . http://ow.ly/YhAJ50I3wt1

Getting the Work Done | Family Business Institute There is a shortage of skilled labor in construction, but that’s not new. When there simply aren’t enough people to do the work, what can you do?

Succession Planning and how to ensure the best leadership http://ow.ly/raJm50HIrzh

The HR Manager: Succession Planning and how to ensure the best leadership How to ensure the best leadership for your business in the years ahead

Turnover got you down? http://ow.ly/ozU850HIr96

Turnover got you down? During a recent meeting, a well-respected business owner shared that he feels as if his leadership team is “held hostage” by employees given the unprecedented resignations in the US; in some instances, even softening standards for fear of not being able to fill vacancies. While the vacancy rates...

Tune in to our blog this week as Wayne drills down into the SWOT analysis planning tool and advises you how to utilize the output you produce to come up with actionable plans. http://ow.ly/QUew50HsLZG

A Key Planning Component - The SWOT Analysis | Family Business Institute A robust strategic planning is the key to success for any business. But how do you actually do it? One very important part is the SWOT Analysis.

People, Process, Technology: The Three-Legged Stool of Workforce Management http://ow.ly/hGrj50HrRRa

People, Process, Technology: The Three-Legged Stool of Workforce Management For workforce management to be properly put into practice, it’s important to have the correct business management model in place.

Three Keys to Keeping Institutional Knowledge Where It Belongs: In-House and in Circulation http://ow.ly/WUoe50Hr83E

Three Keys to Keeping Institutional Knowledge Where It Belongs: In-House and in Circulation What happens to institutional knowledge when one leadership generation within an organization yields to the next, or when one company is purchased by another?

Recognize the Barriers to Successful, Profitable Construction Projects http://ow.ly/NrQm50Hr7g8

Recognize the Barriers to Successful, Profitable Construction Projects Understanding and addressing the barriers to successful project completion can help you get them done profitably.

The Influence and Leadership of the General Contractor https://constructioncitizen.com/blog/influence-and-leadership-general-contractor/2007291

The Influence and Leadership of the General Contractor Outside of the Owner, there is no more crucial entity to craft workforce development in the construction industry than the General Contractor. One could make the argument that the GC is THE biggest in

Company Transition and Succession Planning for the Construction Industry http://ow.ly/Thwu50Hr6Ua

Company Transition and Succession Planning for the Construction Industry Every business reaches a point where an owner looks around and asks, how do I transition this company? Construction companies are no exception

Make this year the year of opportunities for you and your employees. Two new classes of the Contractor Business Boot Camp start this spring. Enroll your rising leaders today before we run out of seats. http://ow.ly/WlJ050HnhOV

Contractor Business Boot Camp | Family Business Institute Prepare your high rising leaders today so you can enjoy your legacy tomorrow. Enroll them in FBI's Contractor Business Boot Camp now!

How to Be a Leader Your Construction Workers Want to Follow http://ow.ly/qbPP50Gq4pp

How to Be a Leader Your Construction Workers Want to Follow It’s the leader’s job to discover what makes each person tick, do their best and produce outstanding results for their construction company

Are you making the kind of difference in community that you want to? Are you getting the most out of your community involvement program? If not, watch our blog for some concrete ideas on how to make your community involvement a win-win for all. https://www.familybusinessinstitute.com/getting-the-most-out-of-your-community-development-program/

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Planning Towards A Smooth Transition via http://ow.ly/M0Eu50G93iN

Planning Towards A Smooth Transition By Nick Sadowsky, Senior Vice President–Wealth Management Constellation Wealth Management, Private Wealth Management 8 Steps for a Business Transition: As a business owner, you’ve worked hard to build your business.

Understanding the Family Business Life Cycle http://ow.ly/8jGl50G92SN

Understanding the Family Business Life Cycle Leading and succeeding a family business is complex.  Untangling what’s family and what’s business for the good of both is one of the greatest challenges of family enterprise. But, when they work together to their full potential the opportunities for family, business, and community are endl...

Creating Governance Rules for Siblings in a Family Business http://ow.ly/8ut750G93JJ

Creating Governance Rules for Siblings in a Family Business Changes in the dynamic are necessary for survival.

How does the CFO role differ for family-owned businesses? http://ow.ly/y0C350G92M6

How does the CFO role differ for family-owned businesses? - Financial Director Faz is a consultant CFO and Advisor to the Board at Diarough Group, a market leading manufacturer of diamonds and jewellery for the world’s leading luxury brands. Prior to this, he was the Chief Financial Officer at a global diamond manufacturer, and an M&A adviser at Deloitte and UBS Investment B...

The pandemic has made succession planning more important than ever. Here’s why http://ow.ly/SDIW50G92W9

The pandemic has made succession planning more important than ever For a business looking to life after lockdown, it's never too early to start the discussions around succession planning.

Let the Family Build (And Then Let The Professionals Run) via http://ow.ly/2Vg650G92tN

Let the Family Build (And Then Let The Professionals Run) As a business matures, it is essential to bring in people with experience, and for a founder to assume that his or her child is the most knowledgeable person out there is fundamentally flawed.

Nieto Pordiosero http://ow.ly/ctHO50G92n9

Soriano: Nieto Pordiosero I would like to share the story of Dr. Wang, the founder of a once mighty global giant and New York Stock Exchange (NYSE) publicly traded Wang Laboratories or Wang Labs. The latter was a computer company

Three Simple Words To Guide Your Business Through Any Challenge via http://ow.ly/b7z350G91Sl

Council Post: Three Simple Words To Guide Your Business Through Any Challenge If these three simple words could guide us successfully through the trials of the past 18 months, think of how effective they will be against everyday business challenges.

Most Family Businesses Don't Have a Succession Plan in Place, But That's a Huge Mistake via http://ow.ly/F2Dj50G91Kb

Most Family Businesses Don't Have a Succession Plan in Place, But That's a Huge Mistake Succession planning is a critical part of any strong business.

Family Businesses: The Curse of the Third Generation http://ow.ly/kXMx50G6xrs

Family Businesses: The Curse of the Third Generation Only 13 percent of family businesses in Indonesia can survive into the third generation

Two recent articles detail two “new” ingredients progressive employers use to differentiate themselves and attract their shares of top talent. Wayne outlines how you might specifically employ the tools in your company in this week’s blog. http://ow.ly/W4KJ50G6vGN

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Why does your business need a buy-sell agreement? http://ow.ly/9tV350G3Rxr

Why does your business need a buy-sell agreement? - Philadelphia Business Journal Every business that has more than one owner should have a buy-sell agreement to protect the shareholders, their families and the company.

Why business families fight and how to resolve disputes http://ow.ly/xCpK50G3dZP

Why business families fight and how to resolve disputes The causes vary but appropriate mechanisms can be employed to attain harmony once they are identified

Family governance: A conflict-free structure for passing on your wealth to heirs http://ow.ly/tyIi50G3c91

Family Governance: A Conflict-free Structure For Passing On Your Wealth To Heirs Family governance is a set of rules put together by a family. This set of formal and informal rules structures the decision-making processes in family businesses

Why Values Should Be At The Forefront Of Your 2022 Strategic Plan via http://ow.ly/aSDU50G3c2G

Council Post: Why Values Should Be At The Forefront Of Your 2022 Strategic Plan The key is to develop strategies for keeping your people happy and fulfilled while also recognizing the different value preferences between generations.

How The Pandemic Is Redefining Business Leadership via http://ow.ly/v6xj50G3bfw

Council Post: How The Pandemic Is Redefining Business Leadership The demands of the pandemic have highlighted the need for a new kind of leader.

Exit Strategies & Succession Planning in a Post-Covid World http://ow.ly/j8QP50G3aFf

Exit Strategies & Succession Planning in a Post-Covid World 3 primary options for managing Covid’s effects on exit strategies and succession planning in 2021

Everyone realizes the importance of succession planning, but many wait too long to do so. Don't wait! Develop your nextgen leaders today so you can enjoy your retirement when time comes. Enroll them in Contractor Business Boot Camp today - starts 01/27/22 http://ow.ly/kMj850G3aA8

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If it’s true that your success in business and life are nothing more than the sum total of the decisions you make over time, it’s vitally important that you work on your decision making skills constantly. Watch our blog for tips to making better decisions http://ow.ly/eaVU50G2Bvk

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How To Legally Pass A Business Onto A Family Member http://ow.ly/EZLn50G1wqr

How To Legally Pass A Business Onto A Family Member Here is how you can make sure a family member can legally take over from you when you want to leave the business.

What Small Business Owners Need to Know about Succession Planning http://ow.ly/Xp5d50G0WPL

What Small Business Owners Need to Know about Succession Planning | CustomerThink What Small Business Owners Need to Know about Succession Planning By Jeff Nager - August 27, 2021 0 5 views Tweet In 2020, there were 31.7 million small businesses in the United States, accounting for 99.9% of businesses in the nation. However, despite ownership of such a significant proportion of t...

A founder’s harmful side (Part 2 of 2) http://ow.ly/Ycqe50FX83l

Soriano: A founder’s harmful side (Part 2) “I’m the company and the company is me!”An oft repeated refrain by founders described by eminent psychologist Peter Davis as “Proprietors” in his well-written article, Three Types of Founders

A founder’s harmful side (Part 1 of 2) http://ow.ly/QL1X50FX7Xr

Soriano: A founder’s harmful side “True success is not achieved unless there is a successor to continue succeeding. This principle is not found in leadership books or conferences, but rather in the Bible. Jesus anointed 12 to carry on

How to Work with Someone Who Creates Unnecessary Conflict via http://ow.ly/CTsa50FX8CG

How to Work with Someone Who Creates Unnecessary Conflict Don’t let them waste your precious time, trust, or energy.

Navigating Your Business Succession and Transition Planning http://ow.ly/2RmU50FX7H5

Navigating your business succession and transition planning | Minnesota Chamber of Commerce Navigating your business succession and transition planning Aug 19, 2021 View the recorded MN Supplier Match Virtual Roundtable View recording Are you looking to better prepare your company for ownership transition now or in the future? The August MN Supplier Match Roundtable helped businesses explo...

Transforming Your Business From A Family Business To A Corporation http://ow.ly/Dx6l50FX7gC

Transforming Your Business From A Family Business To A Corporation Here are some issues that need to be tackled before a business can become a corporation.

How To Run A Family Business Without Straining Relationships http://ow.ly/scG650FV43l

How To Run A Family Business Without Straining Relationships Here's how you can run a successful business without adding stress to your relationships.

Are You Helping Or Hindering Succession? http://ow.ly/6Tv250FV3TU

Are You Helping Or Hindering Succession? Leaders often think they have to choose between burnishing their own legacies or onboarding a successor without a hitch. But by understanding the company's past, they can do both.