I posted this as a comment in another thread and someone suggested that I post it as a new topic. The original thread is here.
I changed the question to reflect that this is a new topic:
I recently bought out my family's small real estate consulting practice. I have two reports, my sister, who is our assistant/office manager, and my dad, who works for me as a consultant. I used to report to my father and now he reports to me.
I think I would benefit by formalizing my management practices, in particular rolling out O3s. (And later feedback and coaching).
Are there any changes that you'd make because the O3s are with family? Are there any issues with the role reversal my dad and I have had? Any other major pitfalls I should look out for?
I know eventually we will add an employee or two, so it would be great to have a process in place before I do that. I'd love the input.
Thanks for your responses.