Dysfunctional Family Dynamics Can Strangle The Pathways To Growth

Dysfunctional Family Dynamics Can Strangle The Pathways To Growth

Dysfunctional Family Dynamics Can Strangle The Pathways To Growth

%3Cp%3EMulti-unit+franchising+provides+the+opportunity+to+build+something%2C+be+your+own+boss%2C+and+generate+opportunities+for+others.+As+you+design+your+strategy%2C+recruit+your+team%2C+create+your+culture%2C+and+string+one+success+after+another%2C+it+becomes+very+easy+to+reflect+on+those+who+help+build+your+business+as+family.+Families+are+diverse%2C+they+come+in+various+shapes+and+sizes%2C+including+those+you+share+DNA+with+and+those+you+have+bonded+with+and+view+as+family.+Whether+you+work+with+DNA+family+or+not%2C+you+have+a+family+business.%3C%2Fp%3E%0D%0A%3Cp%3EFamilial+relationships+are+developed+over+time+and+repetition.+With+history+and+repetition%2C+also+comes+behavior+patterns%2C+expectations%2C+and+perceptions.+At+its+best%2C+a+family+business+is+a+beautiful+combination+of+communication+and+collaboration+built+upon+a+foundation+of+mutual+respect+and+accountability.+At+its+worst%2C+family+business+falls+prey+to+dysfunctional+behavior+patterns+such+as+giving+the+silent+treatment%2C+bullying+one+another%2C+and+grinding+over+emotionally+driven+exchanges.+The+%26ldquo%3Bnorm%26rdquo%3B+or+behavioral+dynamic+between+long-term+partners+and+team+members+can+create+toxic+consequences+to+relationships%2C+productivity%2C+and+teamwork.%3C%2Fp%3E%0D%0A%3Cp%3EWhen+the+balance+between+family+and+business+is+off-center%2C+it+stresses+the+business+and+your+personal+life.+Many+of+you+experience+ineffective+communication+and+unreasonable+expectations+daily.+What+is+often+tolerated+under+the+heading+%26ldquo%3Bit+is+what+it+is%2C%26rdquo%3B+becomes+accepted+as+standard+operating+procedure+and+ultimately+becomes+a+wrecking+ball+to+business+performance.+Dysfunctional+dynamics+strangle+pathways+towards+growth%2C+demoralize+employees%2C+erode+business+value%2C+and+deplete+financial+resources.%3C%2Fp%3E%0D%0A%3Cp%3EThe+good+news+is+that+there+are+resources+to+help.+Getting+guidance+from+others+who+have+been+down+this+road+before+can+prevent+you+from+creating+unnecessary+trauma+for+the+family+and+the+business.+You+can+start+by+practicing+the+following+strategies+to+create+more+positive+business+dynamics+and+protect+your+financial+future.%3C%2Fp%3E%0D%0A%3Ch2%3E1.+Communicate%3C%2Fh2%3E%0D%0A%3Cp%3EBased+upon+your+culture%2C+this+may+require+coaching+on+different+communication+strategies.+A+qualified+facilitator+can+provide+helpful+%28and+tested%29+techniques%2C+forums%2C+and+governance+strategies.+They+can+also+help+you+practice+and+offer+guidelines+for+productive+interaction+until+mutual+trust%2C+respect%2C+and+collaboration+become+second+nature.%3C%2Fp%3E%0D%0A%3Ch2%3E2.+Tune+into+what+others+value%3C%2Fh2%3E%0D%0A%3Cp%3EBeliefs+can+change%2C+but+core+values+stand+the+test+of+time+%26ndash%3B+understanding+and+respecting+what+your+family+members%2C+key+leaders%2C+and+employees+value+most+positions+you+to+bridge+almost+any+relational+divide.%3C%2Fp%3E%0D%0A%3Ch2%3E3.+Take+responsibility+for+your+behavior+and+communication%3C%2Fh2%3E%0D%0A%3Cp%3EYou+can%26rsquo%3Bt+control+others%2C+but+you+can+control+how+you+listen%2C+connect%2C+and+respond.%3C%2Fp%3E%0D%0A%3Ch2%3E4.+Practice+the+Four+Agreements+by+Don+Miguel+Ruiz%3C%2Fh2%3E%0D%0A%3Cul%3E%0D%0A%3Cli%3EBe+Impeccable+With+Your+Word%3C%2Fli%3E%0D%0A%3Cli%3EDon%26rsquo%3Bt+Take+Anything+Personally%26nbsp%3B%3C%2Fli%3E%0D%0A%3Cli%3EDon%26rsquo%3Bt+Make+Assumptions%3C%2Fli%3E%0D%0A%3Cli%3EAlways+Do+Your+Best%3C%2Fli%3E%0D%0A%3C%2Ful%3E%0D%0A%3Ch2%3E5.+Discuss+complex+topics+when+connectivity+is+high%3C%2Fh2%3E%0D%0A%3Cp%3EWorking+with+business+owners+for+almost+half+a+century%2C+we+have+witnessed+first-hand+the+impact+of+developing+strategies+to+enhance+communication+in+the+business+and+its+effect+on+business+value+and+financial+welfare.+The+value+of+your+business+is+directly+dependent+on+the+probability+that+the+success+of+the+business+can+and+will+continue.%3C%2Fp%3E%0D%0A%3Cp%3ESuccessfully+integrating+new+units+or+new+brands+to+your+portfolio+or+thriving+through+challenges+like+Covid%2C+all+requires+succession+strategies+to+succeed+through+transition.+Succession+planning+is+all+about+building+strategies+to+overcome+any+challenge+threatening+the+success+of+your+business.+Effectively+scaling+for+growth%2C+integrating+family%2C+franchisor+PR+fiascos%2C+and+mandates+are+just+a+few+key+succession+issues+many+franchisees+overlook.%3C%2Fp%3E%0D%0A%3Cp%3ESee+what+issues+may+be+impacting+your+vision+for+growth+by+%3Ca+href%3D%22https%3A%2F%2Fbit.ly%2F33a5K4l%22+target%3D%22_blank%22+rel%3D%22noopener%22%3Eanswering+these+questions%3C%2Fa%3E+for+yourself.+Another+excellent+opportunity+for+growing+your+business+is+to+make+sure+you+attend+the+upcoming+%3Ca+href%3D%22https%3A%2F%2Fwww.multiunitfranchisingconference.com%2F%22+target%3D%22_blank%22+rel%3D%22noopener%22%3EMulti-Unit+Franchising+Conference%3C%2Fa%3E+in+March.+Stop+by+our+booth+%23342+to+discuss+strategies+for+achieving+your+vision.%3C%2Fp%3E%0D%0A%3Cp%3E%3Cem%3E%3Cstrong%3EKendall+Rawls%3C%2Fstrong%3E+knows+and+understands+the+challenges+that+impact+the+success+of+an+entrepreneurial-owned+business.+Her+unique+perspective+comes+not+only+from+her+educational+background+but%2C+more+importantly%2C+from+her+experience+as+a+second-generation+family+member+employee+of+The+Rawls+Group+-+Business+Succession+Planners.+For+more+information%2C+visit+%3Ca+href%3D%22https%3A%2F%2Fseekingsuccession.com%2F%22+target%3D%22_blank%22+rel%3D%22noopener%22%3Erawlsgroup.com%3C%2Fa%3E+or+email+%3Ca+href%3D%22mailto%3Ainfo%40rawlsgroup.com%22+target%3D%22_blank%22+rel%3D%22noopener%22%3Einfo%40rawlsgroup.com%3C%2Fa%3E%3C%2Fem%3E%3C%2Fp%3E
Published: February 21st, 2022

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