Know the Ropes for Successful Family Meetings
According to Steve McClure, a member of the Family Business Consulting Group, the secret to successful family meetings are achieved by “knowing the ropes.” Dr. McClure explains the “Ropes” as follows:
R We will all show respect for one another, displaying the same courtesy we show to our customers.
O We will be open about our ideas and opinions and will be open to those of others.
P Everything said in the meeting will be kept private unless all agree to do otherwise.
E No topic will be discussed unless everyone agrees to do so.
S We will support one another, meaning no one leaves feeling victimized, picked on, etc.
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