Should You Fire Family? Strategies for Managing Family Member Employment and Sub-Par Performance
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Should You Fire Family? Strategies for Managing Family Member Employees With Chris Yonker In this episode, Chris Yonker talks about hiring and managing family members in a family business. Hear about how to bring family members into the business, how to deal with underperforming family members, and the importance of implementing reviews into the business structure.     What You’ll Learn ●      Policies around bringing in family members. ●      Dealing with underperforming family members. ●      How to build reviews into the business structure.   Timestamps ·       [02:05] Family member entry points. ·       [06:28] Underperforming family members. ·       [08:30] Why it happens. ·       [17:49] Reviews.   Memorable Quotes ·       “Look at this no differently than any other person coming into the business.” – Chris Yonker [04:10] ·       “Over 30% of all people in an organization are in the wrong seats.” - Chris Yonker [12:19] ·       “Reviews need to be built into your structure.” - Chris Yonker [17:51]   Websites chrisyonker.com.
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Dr. Stacy Feiner is an accomplished psychologist, business leader, innovator, author, and mom. She advises private and family-owned businesses with a pro-growth, pro-health approach that ensures leaders solve emotionally charged situations, move forward, and increase enterprise value and family...
Published 05/20/24