Tag: family business conflict

Families Can Overcome Generational Conflicts Over Technology

A study of Italian firms shows how differences can be resolved, so the company can honor tradition and still make progress. EDITOR‘S NOTE: This article was produced in partnership with the Journal Read more

Listening to the Family: The Strategic Value of Surveys

Surveys can reveal differing perspectives, surface hidden tensions, and – when done well – build trust, and serve as an educational opportunity. From the boardroom to the family meeting, a Read more

Planning Succession? These 10 Decisions Are Critical

Succession is not a single choice -- It is a chain of choices that interlock and compound. Avoiding any one of them will create friction or ambiguity. Succession is the defining challenge of the Read more

Addressing Substance Use Disorders in a Family Enterprise

When a family member struggles with addiction, the consequences can ripple throughout the firm and increase its risks. Scott, a seasoned executive in a multigenerational family business, approached Read more

What Family Firms Can Teach Us About Work-Life Balance

Blurring work and personal lives can lead to stress and exhaustion. Family businesses do these four things to create healthier boundaries. From the launch of the first cellphone with email Read more

Are Your Family and Business Thriving Together - Or Undermining Each Other?

Like organisms in nature, the relationship between family and business can be mutually beneficial or detrimental. Here's how to strengthen both spheres. EDITOR‘S NOTE: This article was produced in Read more

5 Practical Tips for Making Business Decisions With Family Members

Running a family business doesn’t mean always seeing eye to eye, but you can still overcome challenges, resolve conflicts, and evolve as a team. At 13, I unknowingly took part in my first serious Read more

A New Way to Resolve Extreme Conflict in Family Businesses

Family members may feel “trapped” in conflicts, unable to resolve substantive issues without damaging their familial relationships. This often leads to disputes that persist for decades. Conflict Read more

Your Family’s Mental Model Might Be Fueling Its Conflicts

Different ways of thinking shape how families make decisions, resolve tensions, and pass leadership across generations. Every family business has its own way of seeing the world. Some center around a Read more

Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos

You can support your business through economic uncertainty and maintain unity and commitment. Multigenerational enterprising families are not easily shaken. Over decades and sometimes centuries Read more