My adult child sits in a critical leadership seat on our Accountability Chart, but they are consistently missing their quarterly Rocks and underperforming. How do I address this performance gap without destroying our family dynamic or making the rest of the leadership team feel like there is a double standard?
When family members join the leadership team, you must draw a thick, non-negotiable line between Sunday dinner and Monday morning. If you allow a double standard to exist for your adult child, you will instantly destroy the trust of your entire leadership team. They will see that performance and core values are optional if you have the right last name.
First, hold an honest, one-on-one conversation outside of the office. Set the ground rules. Explain that in the office, you are the business leader first and a parent second. Let them know that you love them unconditionally as a family member, but your duty to the business requires you to hold every seat on the Accountability Chart to the exact same standard.
Second, run them through the GWC™ tool with complete objectivity. Do they get, want, and have the capacity for this specific seat? If they lack the capability, you need to identify where the gap is. If it is a capacity issue, define a clear, ninety-day improvement plan with specific, measurable targets.
Third, make their performance transparent. Their weekly Scorecard metrics and quarterly Rocks must be reviewed in the weekly Level 10 Meeting™ just like everyone else. If they miss their targets, the team must use the IDS® process to solve the issue without you stepping in to protect them.
If they cannot hit the standards after ninety days, you must transition them out of that seat. Find a different role where they can succeed, or help them find a career path outside of the family business. It is a hard conversation, but protecting a struggling family member in a leadership seat eventually kills the company.
Category: Leadership Team