Writing a blog post every week forces me to constantly be on the lookout for interesting subject matter, so whenever I notice an interesting choice of words, my first thought is usually “how can I turn this into a good blog?”

Such was the case this past week, which I spent in Ottawa, partaking in the first of the four courses in the Third Party Neutral (TPN) training program, given by the Canadian Institute for Conflict Resolution (CICR).

Because I often deal with various members of a business family, to help them get through some of the sticky issues that they face together, remaining neutral is a huge plus. Even the perception that I am taking sides can quickly work against me.

When a family brings someone in from the outside to help them, it is the outsider’s objectivity that is usually cited as one of the biggest resources that they bring to the table. Unbiased, neutral voices are often not present when everyone who is involved has a lot at stake.

The interesting word choice that piqued my curiosity was taken from a list of the Principles of the Third Party Neutral process, principle 7 (of 9): Judgement, Not Judgement.

My first thought was about spelling, but this couldn’t be about whether we went with “judgement”, with the E, or “judgment”, without.

Dsimissing that, my mind quickly went to work to try to figure out what this was supposed to mean, and it soon became pretty clear, despite the ironic juxtaposition.

I like to think that I have good judgement, but then again, most of us self-identify that way, in the same way that studies show that a large majority of people consider themselves to be better than average drivers.

The first use of the word “judgement” in the TPN Guidelines was clearly a reference to this version of judgement, i.e. using your judgement, thinking before acting, giving things proper consideration before deciding, that kind of stuff.

The second “judgement”, the one that follows “Not”, is the bad kind. Whereas the first one, the good one, the one you are supposed to have and use, makes you think of the quality of being “judicious”, the second one is all about being “judgemental”

While doing my CTI coaching courses a few years back, one of the first things we learned was the importance of listening. We talked about “active listening” and “level 3 listening”, but the biggest take-home message for me was that we needed to master the ability to “Listen without judgement”.

Let’s look at some definitions I found online for “judicious” versus “judgemental”.

Judicious: having, showing, or done with good judgment or sense

Judgemental: having or displaying an excessively critical point of view.

Most business founders who have been successful in building a company have been blessed with the quality of being very judicious.

Unfortunately, sometimes the success that they have achieved leads them to believe that they are also blessed with the gift of knowing what is best for others, and some become judgemental as well.

They don’t necessarily go around and tell everyone what they should be doing. They don’t have time to do that with everyone, so they concentrate on those close to them. You know, the ones that they love; their family.

Therein lies one of the reasons that the founder of the family business is not often the one who sees the need to bring in an objective third party.

You may think that this comment from me comes off as judgemental of business founders, and I would not likely successfully refute that argument.

Being neutral is hard work, especially for humans. The TPN program is all about being the custodian of a Neutral Process, lead by a human who has been trained in guiding that process.

The best way for me to be of service to these families is to check my biases at the door, and I am constantly working on the skills required to do that.

In the coming months I will be doing the TPN 2, 3, and 4 training, and I will be sharing more about this subject going forward.

Questions, comments? sl@stevelegler.com

 

When I start to run across different versions of the same message in different places, I know that I have come up with a compelling blog topic. I will share a few examples of what has me currently thinking about this, before attempting to frame the subject along family business lines.

A while back, I heard someone explaining that before you can “fill up” with some good, new stuff (for example: habits, ideas, positive energy…), you first need to “empty out” some bad, old stuff, in order to make space, otherwise the new, desired things, would not have room. There may have been a visual analogy involving a pitcher of water.

This idea seems inherently logical to me, but maybe more so now that I am on the other side of 50, with graying hair, and hopefully some well-earned wisdom. The younger me was more inclined to always believe that “more is better”.

It also reminded me of something I was exposed to a couple of years ago while undergoing some professional and personal development, in a couple of coaching programs.

During one of the 3-Day CTI coaching courses, there was an exercise during which we needed to come up with one thing that we were committing to “Say No” to, and another that we were committing to “Say Yes” to.

The idea of stopping one habit and then replacing it with another is not new by any means, but here was another way of expressing it.

Months later, I took a coaching certification program, in team sports coaching, more specifically junior curling, during which participants were once again asked, “what do you need to STOP doing” and “what do you need to START doing” when coaching your team.

These three examples share more similarities than differences, and while they are not “truisms”, since you can certainly come up with exceptions to them, they do offer some useful ideas, assuming that your life is not already perfect, and that there is some room for improvement, somewhere.

Let’s think of some family business situations where this could apply.

The simplest place for me to begin is by glancing at my bookshelf, where there are several copies of the book SHIFT your Family Business. The secondary title of the book is “Stop working IN your family Business, Start working ON your business Family”.

It is my favourite book, because I wrote it, and I used to explain that the secondary title brings into focus two distinct questions: 1, the working “IN” your business versus working “ON” it, along with 2, the old “Family Business” versus “Business Family” question, asking which of the two entities is more important.

But by writing this blog, I just discovered that there is indeed a third element highlighted, that of “stopping” one activity so that you can begin “starting” another.

I always try to appreciate serendipity when it smacks me in the face like this, even though part of me wonders why this never registered with me before. Seems the “stop this” before “starting that” idea has been with me longer than I realized.

Allow me to suggest a few areas where some business families that I have known and worked with might look to apply this lesson:

  • Stop demanding that other family members change; Start making positive changes yourself, to model the desired behaviour.
  • Stop blaming others for things that have happened in the past; Start leading a collaborative positive effort to make things better in the future.
  • Stop doing all of the work yourself while lamenting the lack of qualified help; Start training and delegating to the people below you.
  • Stop assuming that you understand everyone else’s viewpoint; Start asking for their views (and then LISTEN to what they say)
  • Stop doing the same things over and over while expecting a different result; Start looking at things from “outside the box”, by finally having some of the conversations that you have been avoiding. (You KNOW what they are).

Most of these are very simple concepts, but that doesn’t make them easy to do. Feel free to share your feedback or questions with me at sl@stevelegler.com.

Burlington Vermont is not a place most people think about when globalization is the subject. But once a year, that all changes, and people involved in Family Business congregate there in January for a one-of-a-kind experience.

The Global Family Enterprise Case Competition (FECC) just wrapped up this weekend, and the fourth annual edition was better than ever. The folks at the Grossman School of Business at the University of Vermont can truly call their event “Global”.

I had the privilege of serving on the judging committee at this competition for the third year in a row, and as always, it was an enriching experience. So how global is it?

Well on Thursday I served on a panel with another Montrealer, but he happens to hail from Mexico (as did a couple of the Undergraduate teams participating). That same panel featured a woman from Switzerland, who was born in Czechoslovakia (which is now 2 countries!)

There were 24 student teams competing, with 16 in the Undergraduate section and 8 in the Graduate portion, and these teams hailed from 10 different countries, but if that weren’t enough, the students themselves came from even more diverse geographic and cultural backgrounds.

I don’t have vital stats for all of the participants, but from just the eight teams that I saw, here are a few examples:

A team from Sweden featured at least 2 competitors who were German, which they clearly used to their advantage on the case of the Juchheim company, which, suprisingly (or not) was about a Japanese family enterprise.

Another team, from Texas, featured students with both Latin American and Asian roots, and a team from Spain featured one presenter with a Middle Eastern background.

I could go on, but I think that I have already given you a flavour of what the event is like, and I have probably already used some terms that will have offended some people who are more politically correct than me.

So what is it that makes Family Enterprise such a great field for a global competition? That’s an easy one.

The languages and the culture change from country to country, but the prevalence of family business is pretty well widespread around the world. And not only that, what parents want and hope for when they go into business with their family members is not very different from one location to another.

Furthermore, the issues that come up in family enterprise situations that you can find in one country will invariably show up in just about every other country too.

The good news here is that you can learn a lot about the big issues and how you may want to handle them simply by studying what has gone on elsewhere. You know, learn from other people’s mistakes.

The field of family business as a discipline, to be studied, researched, and taught in schools is still relatively new. The related field of family business advising is also still considered pretty new.

What this means is that the families who are eager to get involved with examining their own situations by opening their eyes and themselves up to what is going on with other families, are still part of what one would term the “early adopters”.

Family Business is not yet seen as “mainstream”, and is not taught as a separate discipline in very many business schools yet.

Likewise, many people like me who call ourselves Family Business Advisors are still looked at as a little bit odd (OK, I confess, you got me there) and we are sometimes met with questions like, “Is that a thing?” when we describe ourselves as such.

Things are changing, slowly but surely, in the right direction. If you have any interest in the field of Family Enterprise education, I invite you to check out the FECC at UVM and get involved in next year’s 5th annual edition. I know that I am already planning a return trip.

 

Many people throughout history have worn both the “family-business-leader” hat and the “parent” hat simultaneously.

A certain percentage of them have excelled in both roles, some have been much better at one than the other, and still others never really mastered either.

Of course there are plenty of areas where the things one does in one area will undoubtedly have an effect on the other, because it is virtually impossible to separate the roles completely.

And just as I noted above, where some people excel at both, others at neither, and many at one at the expense of the other, the same can be said about certain actions that one takes while playing these roles.

There are many trade-offs where it seems clear that working late and missing your kid’s soccer game is a plus for the business and a minus for the family, or the reverse is true if you leave early to make it to the game but don’t finish that important order.

I like to think that the best thing that I can do as a family business advisor is to point out the situations that are in fact a lose/lose, and help families avoid them, and also point out the possible win/win situations, and help families exploit those.

It sounds simple when put that way, but simple and easy are NOT synonyms.

Interestingly, the two examples of the lose/lose variety that arise most often are opposite sides of the same coin, and they have to do with how we treat our kids and value their input.

On the one hand, there are lots of examples of parents who spoil their children with easy, high-paying jobs, with low expectations of performance. This is not great business leadership, nor is it great parenting.

The other side of that coin also occurs rather frequently, and it looks like this: The kids work really hard, are underpaid, are ready to take over the business, but they are never given the reins, because the parents are not ready to let go. Once again, the business suffers, and so does the family.

It all comes down to finding the correct balance, just like Goldilocks. We don’t want the porridge that is too hot because it will burn our tongue, and the cold porridge is just, well, yucky.

So what is the secret to finding that balance? Part of it is simply recognizing that you are playing both the role of the parent and of the family business leader. But that clearly isn’t enough, because as we just saw, you can actually screw up on both simultaneously.

Besides recognizing that you are playing two roles, it is important to think about your perspective, and to compare and contrast that perspective in two major ways.

First, look at the way you are acting in the two roles from a TIME perspective, and think back to when you were the age that your children are at now, and how you were treated and would have wanted to be treated.

Then look ahead to when your children will be at the age you are at now, and consider your relationship with your parents. If that is too extreme, think back ten years, and then ten years ahead.

After doing the time perspective exercise, simply take a moment to reflect on how you see things, and imagine how the other family members see things from their point of view, today. I will guarantee that if you ask them if they see things the same way that you do, you will be in for at least one or two surprises.

The key word in that last sentence is “if”, as in “if you ask them”. In my experience, few family business leaders will actually take the time to ask their children how they see things.

Yes, I know that you are the one running the show, and all your hard work is what got you here. Congratulations.

But do you have the courage to ask your children how they see things? You may be surprised with what you learn.

 

Sometimes a provocative title just feels right. This one came to me last week, upon learning of the death of a one-time friend of who passed away a few weeks ago.

This brought to two the number of friends in their early 50’s that I lost in 2015, and I was a bit shook up by the news. Both were men for whom I had a great deal of respect and admiration, and both left a few teenagers fatherless.

As a father of two teens, in my early fifties, I feel like there is something here for me to think about, write about, and do something about. I have already started the thinking, and I am currently doing the writing, soon will come the time to start doing the doing.

I know that few people like to be told what to do, so I long ago tried to abandon that method of persuasion. And while I appreciate the importance of thinking, contemplating, and planning, that will only take you so far. The results anyone gets in life usually come back to the ACTIONS that they have taken.

In December of each year, my executive coach, Melissa, encourages her clients to think of one word that they will use to guide them for the next year, kind of like a theme to pursue. Last week I emailed her to tell her that my word for 2016 will be ACTION.

Please notice that I did not title this blog post “Life is finite, think about it”, or “Life is finite, write about it”. I specifically chose the expression “Deal with it”, for a couple of reasons.

The first reason is that it is meant to be provocative, and be noticed. But more than that, I hope that people will take the actions required to properly deal with the reality that everyone’s days on earth are numbered.

“Deal with it” has become almost a throw-away line, akin to “get over it”, and there is also that element that I am going for. But I am also hoping that the action of dealing with it will begin to happen, at least for some of my readership.

Since last summer, Tom, my long time friend and the brother I never had, who also plays the role of non-family member of our family council, has been pestering me about updating my will. Initially, it was, “yes, after the summer, when the kids are back in school.” He continues to pester me, but that is on me, not him.

They say that leaders go first, so I am hereby committing to undertaking my personal will review and updating in 2016-Q1, and until such time as I have completed it, I shall not push others to do so. I do promise to write again about the experience, in ways that can hopefully again encourage others to follow suit.

In the meantime, if you have not yet picked up and read “Willing Wisdom”, by my friend Tom Deans, that is as good a place to begin as any. Deans believes, as I do, that not only should your will be up-to-date, but that its contents should be shared with the family.

Sometimes people refer to themselves as “thought leaders” (kinda makes me laugh sometimes), so I will try to be an “action leader” on this.

Let me leave you with one major thought: Talking about sex never got anyone pregnant, and talking about money never made anybody rich (or poor, for that matter). So can we please stop acting like talking about death will kill you?

Ideally, after you die, your family will be sad and they will miss you. The grief should be plenty for them to deal with. Please take the time to make sure that everything else is in order, and spare them having to also deal with a big mess that you could have (and should have) taken care of in advance.

If you are fortunate enough to be part of a family that owns a business or has significant wealth, then this is even more important.

Now is the time to Deal With It.