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In the realm of family business, especially those where husband-wife teams, siblings, or multiple generations are working together, the dynamics are intriguingly complex. Family businesses aren’t just about profits and market shares; they embody deep emotional bonds and legacies. Central to these dynamics is...

As we reflect on the past few years, it’s apparent that we’ve navigated through what was a life-changing experience on a worldwide scale. The pandemic, a defining moment in our lives, taught us resilience, adaptability, and the importance of proactive leadership. Now, as we...

The people practices that brought your organization to where it is today, may not be enough to propel you forward into the future. That’s certainly true of succession strategy, where the traditional approach of preparing people for specific roles is like trying to use...

Leadership is often tested in the face of persistent challenges. Picture this: a sudden cash flow issue, the unexpected departure of a key team member, a critical hiccup in quality control – any of these can jolt an organization out of its regular routine....

If you find yourself racing toward the end of the year like a runner to the finish line, you're not alone. At work, the last quarter of the year can be busier than all the other months combined. At home, the holidays are approaching...

By Margaret Wilson, Tandem Partners & Ann Quinn, Quinn Strategy Group There are times in every organization’s lifecycle when everything hums along without a bump in the road. At moments like this, it can be tempting to take your eye off strategy and simply enjoy...

By Margaret Wilson, Tandem Partners & Ann Quinn, Quinn Strategy Group In a world marked by constant flux and the unforeseen, the ability to adapt is important to individuals and organizations alike. If we’ve learned anything over the last few years, it’s that the readiness...

Did you know that by 2026, Fortune 500 companies – the iconic list of largest companies in the U.S. by revenue – are projected to maintain their status for an average of only 14 years? That duration is less than half what it was...

One of the top priorities for leaders today is to build teams that work well together to drive strategy forward. Sounds like a no brainer, right? Great strategy and great teams have always been a business goal.  But the truth is, they haven’t always been...

By Margaret Wilson, Tandem Partners & Ann Quinn, Quinn Strategy Group It’s no secret that winning organizations have both a clear strategy and a cohesive team (what we call a People Strategy). After all, fast-paced organizations operating in dynamic environments know that building team cohesion...

Here’s a question to ask the managers in your organization: “What kind of employees do we want to have in our workforce? Employees who think for themselves? Or workers who mechanically do only what we tell them to do, exactly when and how we...

By Margaret Wilson, Tandem Partners & Ann Quinn, Quinn Strategy Group As advisors to leaders and teams, we’re often asked, “Can people be taught to think strategically?” Our answer is an unequivocal “Yes.” While some people are born with a predisposition to thinking long term...

As the echoes of fireworks and festivities subside, we reflect on the significance of July 4th and the ideals it represents – freedom, unity, and the pursuit of a better future. Today’s leaders can draw inspiration from the independent thinking that led to the...

Like many of you, members of our team belong to professions that require us to be licensed to practice. So every year, we engage in continuing education, just like our friends who are social workers, engineers, estheticians, and architects. We do it to comply...

From Wal-Mart and Mars to the corner store in your neighborhood, about 90% of all U.S. businesses are family-owned or family-controlled. At any given time, a large percentage of these companies is facing a generational transition. Yet it’s reported that less than half have...

Be honest – how many times has something like this happened to you? Your company is working on a big project and your team members have defined roles. One of your employees runs into a roadblock with an assignment and comes to you for...

Most leaders will encounter this dilemma at least once in their careers: An employee who’s pretty bad on some days and just good enough to get by on others. An employee who shows up consistently, but doesn’t ultimately contribute a whole lot. A manager...

As winter comes to an end, it’s a great time to clear out the cobwebs and invite fresh air into your business. Just as dust and dirt are a natural byproduct of living in our homes, clutter comes with normal business operations. Over time,...

As the final season of the hit series “Succession” unfolds, fans of the Roy family’s power struggles will be glued to their sets. While the show may be an overly dramatic portrayal of a family enterprise, it serves as a reminder that the critical...

By Margaret Wilson, Tandem Partners & Ann Quinn, Quinn Strategy Group We’re well into the new year now and the economy continues to give out mixed signals. Growth has slowed, but half a million jobs were added last month. Inflation is high but consumers are...

If you’re a senior leader in a family enterprise, you’re probably bombarded on a regular basis with pleas to begin succession planning: Your attorney is concerned about avoiding income and estate taxes, and disputes over control. Your CPA says you need an updated valuation...

Years ago there was a popular game show called What’s My Line?, in which blindfolded celebrity panelists played “20 Questions” to determine a mystery guest’s occupation. In many companies, there’s a similar guessing game going on: “Whose job is that?” “How did that decision...

Have you ever noticed that family conflict seems to surface more around the Holidays than at any other time of year? For many families, Thanksgiving is a time to gather together, share a meal and renew family ties. Unfortunately for others, it’s an opportunity...

Running an early stage business often poses the classic “can’t see the forest for the trees” dilemma. You’re so focused on the next project, the next sale or the next new hire that you may not see the larger picture of where your business...

Recently, Margaret Wilson appeared on Java with Jim Ries, Director of Business Development at Offit | Kurman to discuss the origin of Tandem Partners and its dedication to helping families, owners and businesses in transition....

Employee burnout is real. And while it’s not new, during COVID it got worse. During the last two years, compounding pressures including hybrid work and high turnover have impacted the stress that employees feel, their ability to do their work, and whether they’ll look...

Like many of you, we belong to professions that require us to be licensed or certified to practice. Every year, Tandem Partners coaches and consultants engage in continuing education, just like our friends who are social workers, engineers, estheticians, and architects. We do it...

Has anyone complained to you recently about a lack of communication in your organization? Are you hearing that people feel like they don’t know what’s going on? Maybe you’ve even privately thought this to yourself. Or maybe, like others in this time of resignations...

When you were younger, did you ever participate in a spelling bee? I recently reconnected with some childhood friends and it reminded me of something I hadn’t thought of in a long time – the day I lost the 5th grade spelling bee. I...

When it comes to succession, it’s usually a senior leader who initiates and spearheads the transition process. In a previous blog (Succession Planning: Why It Matters, Matters), we explored how important it is for that leader to have a strong and focused rationale for...

By Margaret Wilson & Ann Quinn | This time last year, we thought we were looking back on the longest 12 months ever. We couldn’t have known then that 2021 would be equally challenging and memorable. Yet even now, when things have...

No one knows exactly when people started making New Year’s resolutions, but whenever that was, the habit of breaking them probably started a few weeks later. Failed resolutions are such a common occurrence that a lot of leadership coaches aren’t in favor of making...

It has been famously said, “You are the average of the five people you spend the most time with.” Take a second to think about that. The people you spend time with can lift you up or bring you down. We all need other...

You were born with your IQ, and you’ve developed your EQ, but how would you rate your PQ? IQ, or Intelligence Quotient, is a number resulting from one of several standardized tests. IQ is used to assess someone’s cognitive ability as compared to the population...

Some unusual events have surrounded the Summer Games since the first modern Olympics in 1896 – wars, boycotts, and this year, a pandemic and an absence of spectators. But the Games went on, and the Olympians persevered. We all know it takes more than...

As we celebrate Independence Day, freedom is very much on our minds. It is fitting to reflect on the wisdom of Thomas Jefferson who said, “…let the annual return of this day forever refresh our recollection of these rights, and our undiminished devotion to...

One day, a son walked into his father's office. His father sat behind the desk, wearing a baseball cap with the word "Boss" on the front. Looking up at his son, the father said, “I’m glad you stopped by. I’m sorry to have to...

How we as business leaders deal with our most pressing concerns about driving growth, developing leaders, managing change, and so many other issues, depends largely on whether we’re able to see old problems in new ways. That’s certainly true in a family enterprise, where...

Last month’s news that Jeff Bezos was stepping down as Amazon’s CEO put succession planning in the headlines. But you don’t have to be the third biggest company in the world to be concerned about succession. Every day, hundreds of business leaders wrestle with...

In January 2011, when we re-launched Tandem Partners, the economy was still recovering from the 2008-2009 financial crisis. If you think that move was ill-timed, you might be right. But at least we were in good company – Instagram, Lyft, Slack, Tinder and Impossible...

If you feel like you’re slowly crawling your way to the end of the year like an exhausted runner to the finish line, you’re not alone. It has been one of the most challenging years we can remember, and we’re all exhausted. Like many...

All over the world, companies have been challenged by the pandemic to adapt and find new ways of working. Flexible structures and “flatarchies” have emerged to support rapid response and decision-making. Remote work has kept businesses operational and many will stay with at least...

The longest suspension bridge around may not be the Mackinac or the Golden Gate, but the span between generations in a family enterprise. More often than not, the emphasis in succession planning begins with the senior generation and their pressing concerns. When do they...

In this pandemic year, back-to-school has taken on a new, and very confusing meaning. Depending on the region, schools may not be fully reopening - while others have announced virtual learning until later in the year. Traditional jitters have been magnified by the uncertainty...