I keep hearing private and family business owners saying they would like to go back to having their business operating like it was before COVID.
Well, that’s like trying to put the toothpaste back into the tube.
If you have not refreshed your whole business model to meet the way consumers now purchase goods, services and conduct business, you will end up like a spent toothpaste tube. Stressed, no energy or enthusiasm any more for going to work and the business will struggle to survive.
Have the tough conversations with your employees, family, advisors and customers. You will not solve it on your own.
A business specialist working with and advising families and SMEs in business. As a past business owner and corporate CEO I establish and Chair family business advisory panels. Experienced facilitator of inter-generational family meetings and succession planning workshops. All recent research highlights that succession is now the number one issue facing families in business as the owners / founders are ready to exit. I am a safe pair of hands when it comes to taking the emotion out of the relationships between family members. In addition I have acted as an interim CEO as the growing family business begins the process of employing external senior staff to take on key management positions.BW Business Development - Advising Families in Business and SMEs