An ideal format
for bringing family business principals to evaluate the year's activities and
conduct planning is a business retreat. Weekend meetings have been found to be
energizing and productive. One favored format is a three-day weekend. Friday
afternoon and Saturday mornings are devoted to work sessions while the
afternoons are open for family-related activities.
It isn't
necessary to schedule a retreat out of town. However, it is important to
consider the value of a new or different setting away from the office to allow
for relaxation. The purpose here is to eliminate the possibility of
interruption via cellular phones or visits from local business
managers.
The retreat is
structured around the major items of the overall agenda. In order to have
everyone participate, ground rules are established which allow for open
expression of concerns. In addition, a colleague of Dr. Northington will be
present to take notes to record opinions, decisions and work plans. The last
session of the retreat will be dedicated to structuring time frames for
decisions and ongoing methods of communication.
Dr. Northington
will, with a representative of the family, help plan the retreat and ensure
that every person be contacted ahead of time before the agenda is drawn
up.
DISCLAIMER: Dr. Northington will personally answer all
questions relating to family business management issues. He will not answer
questions relating to complex analytical mental health questions or medical
questions.
Marshall W.
Northington, Ph.D.
San Rafael Medical Town Offices
6612 East Carondelet
Drive
Tucson, Arizona 85710 USA
Telephone: 520-886-6588
Fax:
520-885-6500
E-mail: career2@mindspring.com