Business owners have a lot on their plate: they are constantly pulled in a million directions and are often busy putting out the proverbial fires that come with the territory. Unfortunately, this is one of the reasons most ignore or put aside succession planning.
The pirates knew what to expect if they had a disagreement—they would be pardoned once, and then they could expect to be punished or brought ashore. The key to success was the fact all pirates knew exactly how disputes would be dealt with, and the fact the rules also outlined certain unacceptable actions.
We often think of pirates as barbaric, dirty, and unorganized. However, in reality, pirates knew they needed to manage crew expectations with regard to the execution and leadership of their activities–skills that are also crucial in running a family business.
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