Voluntary Accountability Some of the finest family business leaders…

Voluntary Accountability Some of the finest family business leaders I've met take the attitude that "I know I'm better if I'm accountable," and they volunteer to be accountable in a number of ways. One way is to put in place a truly independent board of directors and to take it seriously

— from Failure & Resilience (Challenge/Failure/Perseverance/Accountability/Flexibility/Resilience) · Perpetuating the Family Business: 50 Lessons Learned from Long-Lasting Successful Families

In the book

Fail well. Take responsibility even when it isn't your fault; run the three black-box questions — what did I do, what could I have done, what will I do next time; then accept, learn, commit, and repair; taking that responsibility is not a burden but the very thing that turns into empowerment, control, and eventual success. Make yourself accountable on purpose. Volunteer for it rather than waiting to be caught, and use the plain power of knowing someone is watching — accountability to another keeps you honest when your own resolve wavers. Refuse to catastrophize. Treat setbacks as temporary, look for the upside, and remember the struggle is universal, not a verdict on you alone. — Failure & Resilience (Challenge/Failure/Perseverance/Accountability/Flexibility/Resilience)

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