ILMA Compoundings August 2018 - 31
What the "stuck" family employee can do:
What the senior leader can do:
Quit complaining about things not being the way you want
them to be. Complaining does nothing to help you.
Quit labeling the junior employee as ineffective and commit
yourself to helping him or her develop into a better person
and employee.
Identify a resource who can coach you to clarify and state
your desired goals and roles.
Work with ownership to develop a comprehensive family
employment policy that addresses an expected work ethic
and identifies career resources available.
Communicate your hopes to your supervisor or human
resources (HR) director, asking what specific training or
behavior changes you could make that would increase your
chances of reaching your desired goals or roles.
Speak with the younger-generation employee about his or
her desired goals and roles, listen to what is shared and write
it down. If he or she has no goals, request HR assistance or
outside coaching as a way to help the person gain clarity.
Create an action plan to develop the specific skills or experiences needed to reach your goals, even if it will take time
(such as furthering your education).
Once goals are clearly stated, work with HR or the appropriate supervisors to identify behavioral, educational and
experiential requirements that will be needed for the person
to advance. Request coaching for this person through HR or
outside resources if needed.
Talk to senior family leaders about your hopes and what you
intend to do to reach your goals, asking them for further
input on what you can be doing to become more valuable to
the organization.
Determine what corporate resources are available to help
the junior-generation employee achieve his or her goals,
and what strings are attached (e.g., the company will pay for
courses in which a bachelor's or better is earned).
Use your coach or another person to serve as a support
resource to help you stay on track.
Clarify what role senior family leaders and immediate supervisors will have in providing guidance and feedback to the
junior-generation employee.
If you realize that your needs cannot be met within the
company, don't be afraid to pursue your career outside of
the family business. You might end up developing a stronger
skill set that will allow you to reach your goals in the family
business at a later time.
Affirm progress towards goals and expect setbacks, but don't
fall into the trap of labeling. Be honest in providing feedback
that will help the junior-generation family employee get back
on track.
Adapted from an article of the same name that appears online at The Family Business Consulting Group's blog on family business.
31
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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