An effective
Business Culture is built on trust, respect, values and the
proactive engagement of the leaders.
In a Business
Family an effective and healthy culture is nurtured and modeled by all members
of the Family. Are you as a Family in Business creating a culture of
excellence, of clear performance expectations, of trust and respect or are you
creating a culture of mediocrity and ‘what’s in it for me’?
To build a
culture of trust we need to ‘do what we say we will do’ and fulfill our
commitments, display a willingness to rely on others and trust we all have each
other’s, the family’s, and the business’s long term interest at heart.
The culture of
the business will be based on the values of the family. The recognition and
adoption of the values, guidelines, and way of behaving that a Family has
declared should be communicated often, communicated in writing and will be
communicated in deed and action.
When there is
strong accountability, commitment and agreement to those values both family
members and employees are able to focus on the family needs, the business needs
and the long-term goals.
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