Tuesday, June 12, 2007

Partners: making decisions - or not

Q. There are four partners in my company. We started it together and we all get on very well. But I feel that we don't get anywhere with the business because we don't take any decisions. We have to all meet and all agree and this just doesn't happen. Is there a way out of this? Or should we just accept it as the way a partnership works?

A. Don't just accept it. Challenge it. Talk about it. Find a way to make decisions that doesn't depend on consensus. Or if it's too hard to address this as a group, bring in an independent arbiter to come up with a way to break the inertia. It is probably hurting your business and that hurts each of you.

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