Love them or hate them, annual performance reviews can shape how workers set themselves up for success in the coming year. 

 

Performance reviews have a shaky reputation, but in the new world of work, reviews are constructed to be productive and feedback-orientated, filled with valuable insights once ignored by traditional corporate culture. 

Given the projected increase of baby boomers occupying the labor market, researchers used statics and national polls to determine the most likely trends that will affect the workforce in the coming years.

 

One finding: Roughly 24 million Americans are seriously considering quitting their full-time jobs to pursue entrepreneurship.

The end of the year is fast approaching, and it’s on track to go out with a bang. Don’t wait until January to get the new year’s wheels in motion. Instead, give yourself a couple months runway to get up to speed for a powerful takeoff. If you haven’t started prepping for 2020 yet, don’t fret -- it’s not too late to begin today.

 

Here are three ways you can start next year strong.

When a family has built a successful family business, they may consider selling it at some point. And, transitioning from a family business to a business family can bring a lot of uncertainty.

 

While being a business family has significant differences to running a family business, many of the same fundamental principles for success apply. These include a clear purpose, vision & mission, open and transparent communication, a clearly defined organizational structure, and considerations around everything from finance to HR.