Family-Owned Business: Creating an Engaging Family Business Agenda

Family-Owned Business: Creating an Engaging Family Business Agenda

My last blog post was about putting F.U.N. into your family business meeting through various methods to keep all members engaged. This week let’s have a chat about the actual meeting itself.

Have you ever sat in your family business meeting bored, feeling like you weren’t getting anything out of it? My assumption is that most family businesses go through some growing pains and boring meetings can become the norm if everyone’s focus is on other things. But it doesn’t have to be this way!

What do your meeting agendas look like? Are they the general business meeting agenda, you know the one that looks like this:

  1. Welcome
  2. Call to Order
  3. Reading and Approval of Minutes
  4. Old Business
  5. New Business
  6. Adjourn

If it does, I propose it’s time to liven up the agenda. If you want all generations (2G, 3G and even 4G) engaged in the meeting, it’s going to need something else to keep them interested—especially if they are not involved in the day-to-day business operations.

In coaching, we help managers and leaders incorporate some new ideas into their meetings including:

  • Start and end on time
  • Create an agenda
    • Clearly define the purpose of the meeting, break down topics listed on the agenda, signal a priority level to each, and give some recognition
  • Start off in a fun way
    • Incorporate some music, find and play a family theme song, and have high energy
  • Don’t have the same person do all the talking
    • Give the responsibility of running various aspects of the meeting to different members
  • Never run the meeting with no purpose
  • You can have a theme if you want
  • Start with good news or “family check-in” time
  • If you have anything negative to talk about as it relates to the business cushion it in the middle of the meeting—never start or end the meeting on a bad note
  • Start and end on a high note
  • Stay on topic and on time
  • Discuss the next meeting date and ideas where the next meeting should be

If you are leading a family-owned business and know you may need some extra coaching to get your business to soar, CONTACT ME.

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