Silos form in a business due to organizational emphasis on historical structure concepts that were believed to make sharing data and knowledge more efficient. In fact, the opposite is true. Silos cause trust and communication to break down between departments
According to the Family Business Institute only 30% of family businesses last into the second generation and a mere 12% are still viable into the third generation. That’s why it’s critical for family business owners to make sure they are
Over the years we have worked closely with many small, medium and large businesses. Many invite us in because they like to do a regular “gut check” with an outside firm to make sure they are on the right path.