ILMA Compoundings August 2018 - 30
BUSINESS HUB
Getting Unstuck
Ways to help junior members thrive in the family business
By Chris Eckrich
I
n a family business, it is not
unusual for a junior-generation
family employee to become stuck
in a job where he or she is underperforming. When this happens, it can
be difficult for family management
leaders to talk openly with the
younger employee about the situation.
Although folks working with the family employee are well aware of what is
happening, no corrective feedback
is given.
This can be even more difficult
if it is a sibling or cousin who is
observed to be in a rut. Commonly,
the junior-generation family
employee feels strongly that there
are artificial limits being placed on
what he or she is allowed to do in
the organization, perhaps because of
age, experience or unhealthy family
dynamics. Often, nothing is said,
as speaking up might create tension
and nobody wants to hurt loved
ones.
This is not a healthy situation.
For the company, the business is
robbed of either a family employee
who could excel and add much
more value to the company, or a
nonfamily employee who would
be much more successful in the
position. For the junior-generation
family employee, being stuck creates
frustration, as valuable time is
being spent doing something that is
perceived as either not meaningful
or lacking direction.
When this happens, the status
quo can continue for months or
even years if neither side speaks up.
Once the pattern is entrenched,
senior-generation leaders might form
judgments about the junior-generation employee's motivations and
assume that they are lacking. The
employee might form judgments
about the senior generation's
typecasting and make assumptions as
well. Both sides then begin to see the
other as the problem, and a decline
in mutual respect sets in.
A better model is needed.
If you see yourself in this situation, don't settle for the status quo.
You and your organization are much
too valuable to settle for this no-win
scenario.
Eckrich is a senior advisor at
The Family Business Consulting
Group.
30
AUGUST 2018
| COMPOUNDINGS | ILMA.ORG
http://www.ILMA.ORG
ILMA Compoundings August 2018
Table of Contents for the Digital Edition of ILMA Compoundings August 2018
LETTER FROM THE PRESIDENT
LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
IN GOOD HEALTH
STAYING SAFE
BUSINESS HUB
WASHINGTON LANDSCAPE
IN NETWORK
ILMA Compoundings August 2018 - Cover1
ILMA Compoundings August 2018 - Cover2
ILMA Compoundings August 2018 - 1
ILMA Compoundings August 2018 - 2
ILMA Compoundings August 2018 - LETTER FROM THE PRESIDENT
ILMA Compoundings August 2018 - 4
ILMA Compoundings August 2018 - LETTER FROM THE CEO
ILMA Compoundings August 2018 - INSIDE ILMA
ILMA Compoundings August 2018 - 7
ILMA Compoundings August 2018 - 8
ILMA Compoundings August 2018 - 9
ILMA Compoundings August 2018 - 10
ILMA Compoundings August 2018 - WHAT’S COMING UP
ILMA Compoundings August 2018 - INDUSTRY RUNDOWN
ILMA Compoundings August 2018 - 13
ILMA Compoundings August 2018 - 14
ILMA Compoundings August 2018 - 15
ILMA Compoundings August 2018 - 16
ILMA Compoundings August 2018 - 17
ILMA Compoundings August 2018 - IN GOOD HEALTH
ILMA Compoundings August 2018 - 19
ILMA Compoundings August 2018 - 20
ILMA Compoundings August 2018 - 21
ILMA Compoundings August 2018 - 22
ILMA Compoundings August 2018 - 23
ILMA Compoundings August 2018 - 24
ILMA Compoundings August 2018 - 25
ILMA Compoundings August 2018 - STAYING SAFE
ILMA Compoundings August 2018 - 27
ILMA Compoundings August 2018 - 28
ILMA Compoundings August 2018 - 29
ILMA Compoundings August 2018 - BUSINESS HUB
ILMA Compoundings August 2018 - 31
ILMA Compoundings August 2018 - 32
ILMA Compoundings August 2018 - 33
ILMA Compoundings August 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings August 2018 - 35
ILMA Compoundings August 2018 - IN NETWORK
ILMA Compoundings August 2018 - 37
ILMA Compoundings August 2018 - 38
ILMA Compoundings August 2018 - 39
ILMA Compoundings August 2018 - 40
ILMA Compoundings August 2018 - Cover3
ILMA Compoundings August 2018 - Cover4
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