Woodbury: Family Business Matters
Lance Woodbury DTN Farm Business Adviser
Fri Jan 30, 2015 11:15 AM CST

With respect to job performance, many family business members often joke "no news is good news." What they mean is that people in the company shouldn't expect to be complimented for their good work. They go on to justify this attitude by statements such as "People shouldn't receive praise for doing what is expected of them" or "I wasn't raised hearing compliments from my parents."

I'm not suggesting praise for substandard work; this kind of acknowledgement can come across as inauthentic. However, recognizing another person's good work or efforts in the family business is important and has several benefits.

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