An effective Business Culture is built on trust, respect, values and the proactive engagement of the leaders.
In a Business Family an effective and healthy culture is nurtured and modeled by all members of the Family. Are you as a Family in Business creating a culture of excellence, of clear performance expectations, of trust and respect or are you creating a culture of mediocrity and ‘what’s in it for me’?
To build a culture of trust we need to ‘do what we say we will do’ and fulfill our commitments, display a willingness to rely on others and trust we all have each other’s, the family’s, and the business’s long term interest at heart.
The culture of the business will be based on the values of the family. The recognition and adoption of the values, guidelines, and way of behaving that a Family has declared should be communicated often, communicated in writing and will be communicated in deed and action.
When there is strong accountability, commitment and agreement to those values both family members and employees are able to focus on the family needs, the business needs and the long-term goals.