"What would you recommend a finance leader can do to avoid unclear or outdated strategy within a closely held or family business?"
This question was asked at a recent webinar, now available on-demand:
"Business Strategy & Leadership: Plan, Execute, Win!"
Please add your thoughts about it below. Thanks!
I'd suggest starting with facts. Those family leaders and owners should be coming to you for facts - so give them the brutal facts. You are their finance leader and adviser - make sure they understand the risks of unclear and outdated strategies - depersonalize it by talking about best practices or how others have failed due to this - and share that you are trying to be proactive and can help avoid this.
Good luck!
