Clear company values and vision can ensure long-term sustainability and unity in the family business. Company values influence behavior, relationships, and business practices. Due to the overlaps of...
Family conflict is systemic, it is part of the family business system. It is not just a series of individual disputes. Because family businesses are highly interdependent, they...
Family conflict is systemic, it is part of the family business system. It is not just a series of individual disputes. Because family businesses are highly interdependent, they...
Our earlier communication defined the meaning and contents of the family constitution. Here we list some of its main benefits for the family business. Benefits for Family Business...
The subject of generational succession in family businesses remains a complex undertaking, mainly because of the family factor and the associated interplay of emotional and personality dynamics. It...
Family businesses are inherently complex and they increase in complexity with time because of the interplay between three factors: the family, the ownership and the enterprise. This leads...