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Galliard Group Newsletter 2010 Vol. 2 Summer Issue

Decisions, Decisions, Decisions!! by Lisë Stewart
As business owners we are often faced with a myriad of decisions to make about an astounding array of complex issues. One of the greatest complaints that we hear from the families that we work with is that they are often overwhelmed by the broad range of topics that they need to deal with as owners of their own businesses. As family business owners, you wear many hats! In this Quarterly Newsletter, we're sharing some ideas and information about a few of the management issues that our clients are telling us are important to them. Complete Article
Increasing Profitability During The "Recovery" by Bret Baker
Management of many companies were able to maintain profitability during 2008 -2009 by making drastic cuts in costs and expenses to reduce cost structures to match the dramatic revenue decreases. Now, some managers are using more selected, targeted actions to rebuild their company's profitability during this "recovery." Here are some specific examples of things that companies are doing to increase profitability and how they are doing it. Complete Article
Who Owns the Life Insurance? by Peter J. Butler
As I concluded the last article on Buy-Sell Disagreements, I mentioned the importance of life insurance. Yes, I believe most business owners should have some. But, the issues are bigger than that. Complete Article
Management by Consensus - Using the Fist of Five! by Amy Davis
Many managers complain that meetings take up too much time and are don't achieve their goals or that attendees seem to agree to action items during the meeting but drop their interest and commitment as soon as they leave the room. Maximizing team members' time and expertise is the underlying goal of a skillfully managed meeting. Complete Article
It's Lonely at the Top: Sorting Out Executive Coaching by Melissa S. Kelly-McCabe
Executive Coaching is making big inroads in family business. In fact, in the 2010 Sherpa Coaching LLC study states, "Executive coaching is seen, more and more, as part of succession planning. From VP level all the way to the top, a generation of leaders is ready to retire. Complete Article
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