Thoughts and Insights by Michael Gregory

This is how to avoid conflicts in a family business around succession planning

It can seem like a maze when addressing conflicts in a family business. Running a business is hard and complex. Running a family business increases the potential for conflicts even more. Finally, when considering the next step around succession planning the stress level can really go up. That’s why many avoid the situation. With so many businesses in this situation this article focuses on common issues to consider when transferring a business to children. 

Bias awareness can significantly enhance collaboration

This past week I was fortunate to hear Sybil L. Dunlop speak on Implicit Bias at the Minnesota State Bar Association Alternative Dispute Resolution Section. She gave an excellent presentation and gave us a lot to think about. Doing some more research around this topic I wanted to share some of what I learned from her and additional research that I found helpful. Awareness is key.

Working with a crazy person - try self distancing

It has actually been found that speaking to yourself in the second or third person rather than the first person can change your emotional focus. Why is that important? When you find yourself starting to feel angry, this self-distracting technique can and actually will help you better regulate your emotions. This is a very powerful tool. The thing is to remember to do it. This is how. This three-step process can help you control your own temper and become known as the person that remains cool under pressure.  Both of these can help you with others, your career and at home.

Here are three great ideas to promote effective collaboration

Would you like to work in a more collaborative environment? Studying improv, generations and various sources it appears the keys for collaboration are diversity, equality and focus. That is, it takes effort. The more we focus on these three items with an intention towards collaboration, the more likely we will be able to create an environment for effective collaboration. Let’s take a look at all three.

These 9 tips lead to a successful partnership

There is no question that now is a very stressful time. At the same time the rate of change is as slow as it is ever going to be. Going forward the rate of change is growing at an exponentially rate. With that in mind how can you proactively partner with others given limited time in your day. Whether partnering in your firm, with clients, vendors or other stakeholders, this article provides you with 9 ingredients for you to consider for a successful partnership. This can be applied to actual partners in a firm, those that you need to partner with at work, home and in life. The same concerns apply in many areas of our busy lives. The question is whether we actually stop, pause and see where we are going. Here are some ideas for you to consider.

This is the critical first step towards collaboration and improvement

Often times leadership comes up with an idea, works the idea and then plans to implement the latest brainstorm. So why don’t employees simply buy into the idea completely and carry out the idea? They have seen this before. Not all ideas are great ideas. So how can the process be improved? Consider engaging employees in the process along the way. This is not necessary for every decision, but for major ones, this is critical.

This is how to address conflict at work

We all have conflict every day at work, at home and in life.  Did you ever stop to think that conflict stems from one of the three broad areas relating to task, relationship and values?  This article takes a look at all three and offers you some ideas to help.  There are other ways that can be used to classify conflict, but for the purposes of this article these three headings offer one way to explore the topic.

Understand how body language impacts a negotiation

The key elements of words, tone and body language (including facial expressions) have been commented in previous blogs on communication. Keep in mind no one is perfect on interpreting facial or body language, but there are steps you can take to address your own. There are also steps you can take to improve your interpretation and understanding of others. In the commentary that follows insights on body language and facial expressions in negotiations are explored. These can be critical in a negotiation.

What does trust have to do with The Collaboration Effect ®?

There is a lot written about

What questions should you ask when preparing for a valuation discussion with the IRS?

This article addresses how to prepare and what questions to ask when involved in a facilitation, negotiation or mediation with another party. The focus here is on a business valuation issue with the IRS.  Preparation is key. Conducting a mock interaction ahead of time can be extremely valuable.