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Balancing Family Relationships

Successful family businesses involve a delicate balance of sound business practices and family relationships. What can be done to avoid conflict amongst family members and sibling rivalry?
Total 28 articles in this section.
Pages: Previous 1 . [2]

Divorce And The Family Business

by George Tanewski

Divorce is a process and not an event, and a frequent one at best. It is both an emotional and a legal process, which because of the strain and pain involved for the participants, tends to be hurried through with little attention to the resolution of the significant issues.

Mediation And Family Business Consulting

by George Tanewski

Mediation can be defined as “a process in which a neutral facilitator assists two or more parties in reaching a mutually agreeable resolution to a conflict or dispute”.

Managing Family In Family Meetings

by Eckrich, C., McClure, S., & Schuman, A

Family meetings are an important but underused communications and planning tool for a family of trust beneficiaries or family business owners. To address the special nature of the family and make a deposit in its strength, an investment in their future success can be made every time they meet.

Let's Meet, Let's Talk And Let's Listen To One Another

by Lucio Dana

Have you been working so hard that you cannot see past the situation you are in and feel 'locked in' with few, if any, options and choices?

Does Your Family Have A Vision Of The Future Which Is Shared By All Interested Family Members?

by Lucio Dana

Managing the family business successfully is a journey, with the choice of destination determined by the Family's Shared Dream.

Family Business Is Dynamite!

by Lucio Dana

Dynamite is an industrial explosive. It is made up of a mixture of two components: nitro-glycerine and a substance called kieselghur (kee - zl - goor). When mixed together these two components form a 'stable' substance until it is activated. And we all know what happens when dynamite is activated.

How Families Affect The Business

by George Tanewski

Workplace structures affect family life in a number of ways and vice-versa.

Family Meetings

by Lucio Dana

Family meetings are one of the two most important steps a business owner can take to ensure the continuity of the family business.

Family Council

by Lucio Dana

The Family Council which is made of key family members is a venue for discussion of important family business issues.

Family Retreats

by Lucio Dana

Family retreats are ideal for exploring issues regarding family values, interests and concerns.

Family Business Charter or Constitution

by Lucio Dana

A documented family constitution outlines strategies and solutions which can be implemented to deal with family-related matters that impact on business issues.

Family Assemblies or Forums

by Lucio Dana

Families divide responsibility for, authority over, and ownership of their business. Over time, they redefine and reorganise these relationships.

Keeping The Fire Burning In Your Entrepreneurial Family's Belly

by Yuen Ching Ho

When family members work together in, or share ownership of a business, it is virtually impossible for the business to function independently of the family and vice versa.

Total 28 articles in this section.
Pages: Previous 1 . [2]
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