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Taking Stock of Family Business
Key Excerpts from Article on Website of USA Today


USA Today, April 29, 2004
Posted: August 29th, 2007
http://www.usatoday.com/life/lifestyle/2004-04-29-family-mis...

Family mission statements are a way of transferring your highly effective business habits to your home life. Finding the time to assemble a document that outlines a family's goals and philosophy might seem unrealistic ... but believers urge a closer look at what they hail as a method for getting unwieldy modern lives back on track. Laura Puryear was introduced to the concept when her mother handed her Stephen Covey's The 7 Habits of Highly Effective Families. In Habits, the well-known motivational guru asks couples to consider questions such as: "If our family is a plane, are we on course?" Conflicting answers are OK; the point is to discuss differences en route to a common destination. "The pace of life, technology and culture all put greater pressure on us to decide what's really important," says Covey. "We all have values that guide us, but 95% of us never write them down. It's precisely the act of writing that imprints it in the subconscious." Start from a family foundation of trust and openness, where everyone feels welcome to participate. Schedule a time to share the mission statement concept, keeping in mind that even young children can understand and contribute. Brainstorm together about ideas for the statement. Encourage even the most off-the-wall contributions. Record all such suggestions in writing. Revisit the list regularly and pare it down to the most important ideas. Once everyone agrees on a final draft that truly summarizes the family's values and vision, make copies accessible to all. Avoid rushing your family, favoring any one person's agenda, or forgetting about the final product once you're done. The mission statement carries weight only if you actively pursue your stated goals.

Note: For a concise guide to developing your own personal mission statement or life intentions, click here.


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