My heart broke for a family business recently. I tell their story hoping that it will inspire you to make tough decisions about family members in your business. This family learned the hard way that when the wrong people stay, the right people leave.
I have noticed that my family-business clients spend a lot of time and money on job descriptions. They write, rewrite, fuss, and fluff. And then start over. Personally, I can’t think of many things worse than doing this process over and over again. Can you? Because I’ve seen so much wasted effort, I pondered what EOS® could offer to help bring about the end of painful job description tasks.
Completing the Accountability Chart can be very stressful, especially in a family business – once completed, it sets the foundation for success!
Imagine this … You’re a second-generation owner of a family business. When your first son is born, everyone celebrates the next-generation leader’s arrival. For your son’s entire childhood, people keep talking about how someday he will run the business, just like you and your father before you.
No one, especially family members, wants to perform badly and have no one talk about it. Getting these conversations out in the open is hard, but also kind and productive. Invest in your family business by following this process with all employees, especially family members.