Family Business Success – Leadership Lessons from a Navy SEAL
Succession Planning Experts Blog
by Greg Sisa
1w ago
How to have success in leadership Ever wondered how military precision and leadership can transform your business strategy? In this enlightening video, Greg Sisa, a Succession Advisor at The Rawls Group and former Navy SEAL, delves into the critical leadership lessons he’s learned. Key Highlights: Understanding Your Team: Greg emphasizes the importance of knowing your team members at every level, understanding what motivates them, and how this fosters a strong sense of loyalty and community within an organization. Integrity as a Cornerstone: He highlights integrity, honesty, and doing the ri ..read more
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Successor Development: 5 Key Indicators for Evaluating a Successor
Succession Planning Experts Blog
by Jeff Faulkner
1w ago
Developing Successors for Seamless Transitions in Family Businesses Succession planning in family businesses requires the cultivation of successors possessing essential traits. These qualities include: Character: Upholding integrity and a strong work ethic. Confidence: Demonstrating self-assurance and trust in relationships. Capability: Possessing innate leadership qualities and people skills. Competence: Exhibiting proven proficiency within the business domain. Community Engagement: Embracing a stewardship mentality and prioritizing collective well-being. In this article, we’ll ex ..read more
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In the Trenches of Business: A Navy SEAL’s Guide to Succession
Succession Planning Experts Blog
by Greg Sisa
1w ago
How does the Navy SEAL Creed help guide succession? Is the guide to success in enduring business leadership hidden within the Navy SEAL Creed? Discover how Greg Sisa, a former SEAL turned Succession Advisor, unveils the powerful tenet of being ‘ready to lead and be led’—a principle that could revolutionize your approach to succession planning and secure your company’s legacy. Dive into the insights that bridge the gap between military excellence and family business success. Key Highlights: Navy SEAL Principles Applied to Business: Insights into how the disciplined, principled approach of the ..read more
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Succession Planning and Growth Strategies: A Guide for Minority Car Dealers
Succession Planning Experts Blog
by Jéan Venant
1w ago
Essential Considerations for Minority Car Dealers in 2024 In today’s challenging business environment, minority car dealers face mounting pressures, from increasing expenses linked to new car floor plans to unpredictable fluctuations in used car pricing. Amidst these challenges, the urgency to ensure smooth succession, drive growth, and facilitate effective wealth transfer to the next generation of owners and managers cannot be overstated. Here are essential considerations for minority car dealers navigating wealth transfer, succession planning, and growth strategies in 2024: 1. Transferring t ..read more
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Mastering Succession: The White Belt Mentality in Business Leadership
Succession Planning Experts Blog
by Greg Sisa
1w ago
What is the ‘White Belt Mentality’ in business leadership? Ever wondered how a Navy Seal’s mindset could revolutionize business leadership? In this compelling video, Greg Sisa, a seasoned Succession Advisor with The Rawls Group and former Navy Seal, unveils the transformative power of the ‘white belt mentality’ in business succession and growth. Dive into the essence of continuous learning and adaptability, crucial for navigating the ever-evolving business landscape.” Key Highlights: White Belt Mentality: Embracing the novice mindset, characterized by humility and an unending thirst for lear ..read more
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Breaking Hub-and-Spoke Management Culture to Create Growth & Succession Options
Succession Planning Experts Blog
by Kendall Rawls
1w ago
In the dynamic realm of propane, oil, and gas businesses, effective leadership is vital for smooth operations, growth opportunities, and family business succession planning options, especially when the owner isn’t present. Consider a case study example to help you identify if your business is suffering from a hub-and-spoke management culture and learn actionable steps to address the issue with positive outcomes. Case Study: Identifying and Addressing Hub-and-Spoke Management in a Propane Family Business Identifying the Issue: ABC Propane Company, a family-owned business, has been experiencing ..read more
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Succession Secrets: How to Cultivate High-Performing Franchisee Leaders
Succession Planning Experts Blog
by Dan Schneider
1w ago
Leaders often appear as fearless visionaries in the multi-unit franchise business, marching boldly toward the seemingly impossible. Robert Jarvik, the mastermind behind the first thriving artificial heart, famously remarked that leaders possess a rare trait: a poorly developed sense of fear. But what if I told you that the essence of leadership isn’t about being fearless but about embracing fear and uncertainty with a strategic mindset? The Evolution of Leadership and Management in Franchisee Succession In 1977, Abraham Zaleznik shook the foundations of traditional management theory with an ..read more
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Unmasking Entitlement: Protecting Your Dealership’s Success
Succession Planning Experts Blog
by Kendall Rawls
1M ago
In the bustling world of the car business, success hinges on the quality of the customer’s experience and the strength of the team behind the dealership. However, there exists a silent threat that can undermine even the most promising businesses: entitlement. Here, we’ll explore how entitlement can creep into your dealership, how to identify its subtle signs, and, most importantly, how to eradicate it to safeguard your dealership’s prosperity and succession planning vision. Unveiling Entitlement in Your Car Dealership(s): Entitlement often goes unnoticed, masquerading behind the guise of exp ..read more
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From Hub to Hero: 10 Strategies for Dominant Multi-Unit Franchise Leadership
Succession Planning Experts Blog
by Kendall Rawls
1M ago
In the dynamic world of multi-unit franchise ownership, effective leadership is the key to seamless business operations, even in the owner’s absence. This is particularly crucial for those navigating growth and succession strategies. However, the conventional “hub and spoke” management approach, often seen in entrepreneurial-owned businesses and multi-unit franchises, can present challenges to smooth operation, growth, scaling, and succession planning. Drawbacks of the Hub-and-Spoke Model Under the hub-and-spoke model, all information and decisions flow through a central individual—the hub—w ..read more
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Next-Gen Strategies for Family Business Success
Succession Planning Experts Blog
by Kendall Rawls
1M ago
Rising Stars: Crafting Your Path in Propane & Renewable Energy In the dynamic world of family-owned businesses in the Propane, Gas, Renewable Energy, and Bioheat industries, the challenges and triumphs extend beyond mere business operations. As the proud child of a successful business owner, you’ve likely encountered the age-old struggle of finding your identity and creating your path amidst the towering achievements of your parents. Consider the sentiment shared by the daughter of a propane business owner: “My father is so good at everything he does. Everything he touches seems to turn i ..read more
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