Blog

Dec 27 2016

2016 Annual Review – Growing Awareness, Acceptance and Resiliency

by Scott Hackman, Partner, Family Business Advisor

For the past several years I have guided leaders through a process of letting go during their Annual Review. (See link below to download) We start by reflecting on the past year, asking each other several questions, “What change happened in myself, my relationships, and my business?”, “In what ways did I experience loss personally and professionally?” and “What goal did I not reach?”

The purpose is to grow in Awareness, Acceptance and Resiliency. In order to grow you have to build the practice of letting go into your daily, weekly, monthly and annual plan.

When you reflect on these questions you may discover an idea, belief and expectation that is no longer holding true.  When you become aware of this false idea you can practice acceptance. Naming and accepting new reality requires you to accept losses. You know you have accepted a loss when you feel yourself letting go. The Annual Review is best done in conversation with loved ones, trusted colleagues, family and friends. Through this process our leaders are growing in their resiliency and clarity as they set their goals for the next year.

Recently my wife and I realized a dream and accomplished a goal. We ventured to Peru for 10 days with friends, visiting coffee farms, climbing Machu Picchu Mountain, and relaxing on one of the most beautiful beaches in the world. While walking on the beach on the Pacific Coast of Mancora, Peru with my wife and friends, we discussed our losses, and acknowledged things we were letting go of. This discussion would not have been possible if it was not for the previous five days spent on an adventure. An adventure that took us from 2000 ft. to 14000 ft., deep in the jungle rainforest where coffee is grown, to the high peak of the Andean mountains where we crossed through the mountain from Ollantaytomba and back again. This journey challenged us in numerous ways.

This trek pushed our limits of comfort and fear of the unknown. We were trusting guides to lead us through safe passage routes, on long and winding roads in the rainforest where coffee is grown. We had to gain trust in one another and our ability to stay optimistic in light of changes in schedules, flights and travel routes.  We made connections through our vulnerabilities and our strengths.

Losses through adversities teach us about our resiliency, and about our strengths. We become aware of our limitations when we are tested, we need to rely and trust other people to accomplish the tasks at hand. When we take the time to reflect on the adventures we have been on this past year personally, in our families and in our business, we continue to develop the muscle of awareness, acceptance and resiliency.

Click here to download the 2016 Annual Review, and send me an email (scott@dvfbc.com) if you want to share your stories of resiliency, or to find out more about how other family business leaders intend on growing in 2017 through our Peer Groups. Here is what one member had to say about their peer group, where they are growing personal leadership through awareness, acceptance and resiliency:  “Leadership Lab provides a forum that you will not find anywhere else. It is a place where a diverse group of rising generational business leaders come together to share their real life business experiences in an open and meaningful way. The peer accountability and support that I found in my lab group has contributed immensely to my personal and professional growth and has enabled me to become a more effective communicator within my company.”  Mateen Afzal, G2 Leader and GM at PDC Machines.

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