How to Provide Positive and Negative Feedback

How to Provide Positive and Negative Feedback

How to Provide Positive and Negative Feedback Managers should strive to offer effective and valuable feedback to employees, says Michelle Painchaud of Painchaud Performance Group, a human-performance consulting firm in Winnipeg, Manitoba, Canada. “We in agriculture...
Succession Planning – Tip #5

Succession Planning – Tip #5

Succession Planning – Tip #5 Tip #5 – Get outside help with your business succession planning. Lawyers, accountants, financial advisors – there are many professionals that can help you put together a successful succession plan. There are even companies that...
Succession Planning – Tip #4

Succession Planning – Tip #4

Succession Planning – Tip #4 Tip #4 – Train your successor and work with them. How can you expect your successor to take over and run your business successfully if you haven’t spent any time training him or her? Your family business succession plan will have a...
Succession Planning – Tip #3

Succession Planning – Tip #3

Succession Planning – Tip #3 Tip #3 – Get over the idea that everyone has to have an equal share. While this is a nice idea in theory, it may not be in the best interests of your business. Remember that management and ownership are separate business succession...
Succession Planning – Tip #2

Succession Planning – Tip #2

Succession Planning – Tip #2 Tip #2 – Involve your family in business succession planning discussions. Making your own succession plan and then announcing it is the surest way to sow family discord. Opening a dialogue among family members is the best way to...