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Friday, April 6, 2012

What is your family strategy?

FAMILY STRATEGY

How does business strategy differ from family strategy? The principles are very much the same, but the people are very different. Most companies have a strategy. Most families have none. No one wants to work for a business without one. However, most people are happy to live in a family with none. A family is the basic unit of enterprise. It makes sense to have a plan. So today we are reviewing our family plan, in the living room, with my wife, our four young children and me. We are not just a family business, our family is business. How do you run your family?

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