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Family Strategy

Status
Personal

Families don’t run like organizations. They should.

When assessing a business, it’s easy to weigh and measure it’s “organizational health.” Just take a look at things like values, financial statements, growth rates, employee retention, etc.

Why can’t these rigorous frameworks be applied to families?

Answer: laziness, incompetence, training, etc. It’s a long list.

What’s the Minimum Effective Dose of structure a family could implement in their lives?

  1. Values
  2. Objectives
  3. Weekly meeting and scorecard to review progress against objectives

I think that’s it. Those three things. Just do those three.

Now, if a family wanted to take organizational theory further, they could investigate 🏰Moats, consider their 📈Growth, hire a professional integrator to hold them accountable, consider brand identity…