Business Management

Having just celebrated Independence Day, a time when we reflect on the values of freedom and democracy, it’s worth considering how these principles apply to our workplaces. In a world where the pace of business keeps accelerating, balancing freedom and authority within a team...

Part 2 of the Series: The Family Business Planning Roadmap By Margaret Wilson, Tandem Partners & Ann Quinn, Quinn Strategy Group Any discussion of planning for a family business begins with an obvious but complicated truth: Family businesses are different from other types of organizations. Families...

As Mother’s Day approaches, we celebrate the unique relationship between mothers and daughters in business. Undoubtedly, the connection between a mother and daughter can be a strong bond. Mothers are often there to advise during difficult times, while daughters represent the ambitions of the...

Recently, news reached us of a local family-owned company’s closure after 70 years in business. While the specifics behind their decision are unknown, it served as a reminder that at some point in their life cycle, all family businesses come to a crossroads and...

In organizational psychology, few concepts have garnered as much attention and debate as the Peter Principle. Coined over 50 years ago by Laurence J. Peter, this principle highlights the tendency for individuals to be promoted to positions beyond their level of competence, leading to...

Resilience is one of those buzzwords that seems to be everywhere the last few years. And for good reason. In a crisis, resilient organizations don’t just survive – they rebound quickly and come out stronger and more prepared for the next challenge. Some of...

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...

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...

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...

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...

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...

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...

We all remember that foreboding time - back-to-school - the photo on the front steps, shopping for new shoes, backpacks, supplies, and a haircut. This year, over 78 million students returned to the classroom, with a reported 2.5% suffering from Didaskaleinophobia, the fear of...

Some songs just say summer, like Jimmy Buffett’s Margaritaville, recorded almost 40 years ago now. But even if you’re not a fan of the music, it’s hard not to admire Buffett’s entrepreneurial spirit and success.  On the lighter side, enjoy these business gems from Ron...

This blog comes from Ron Wilson at our sister company, CopreneurCPR www.copreneurcpr.com. While written for couples in business, the advice is equally relevant for any business leader.  Legendary investor Warren Buffett is known for placing pearls of wisdom in his annual letter to shareholders. We’ve...

When You Come to a Fork in the Road… Take It – Yogi Berra Each of us makes hundreds of decisions every day – from what to wear to when to eat to whether to drive to work or take the train. Many of...

Running a successful family business requires broad experience and a diversity of talents – talents that not even the most capable families can guarantee generation after generation. In addition, qualified on family executives can help a family business grow by contributing fresh ideas and...