Communication between Team and Parents

Abstract

In a printing company we’ll call Hubbard Graphics, Dad learned that his three kids were considering purchasing a very expensive German press. Yes, he knew he had put them in charge and begun semi-retirement. But he thought buying the press would be a big mistake. It was just too costly, and the company was not doing the kind of printing that would require such a machine. Dad scoffed at the kids’ argument that a press like this would boost Hubbard Graphics beyond its competitors and enable it to take on many kinds of jobs it had been incapable of doing before. He was sure that before they knew it, they would be in debt way over their heads and the contracts they envisioned just wouldn’t materialize.