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50 Common Causes of Family Business Conflict ... and how to deal with them
Jon Kenfield
50 episodes
1 week ago
50 Common Causes of Family Business Conflict ... and how to deal with them • Family Business - blessing or curse? • Tied in. No escape. • Good = unstoppable. Bad = disaster for health, wealth & happiness. • Focus (purpose), Structures & Systems required. • Attitudes & Skills required. • Series will map the terrain, describe the dangers & suggest ways & means to stay out of trouble / solve problems.
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Management
Business
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All content for 50 Common Causes of Family Business Conflict ... and how to deal with them is the property of Jon Kenfield and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
50 Common Causes of Family Business Conflict ... and how to deal with them • Family Business - blessing or curse? • Tied in. No escape. • Good = unstoppable. Bad = disaster for health, wealth & happiness. • Focus (purpose), Structures & Systems required. • Attitudes & Skills required. • Series will map the terrain, describe the dangers & suggest ways & means to stay out of trouble / solve problems.
Show more...
Management
Business
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Family Business Mediation Podcast No 38: Sibling Rivalry.
50 Common Causes of Family Business Conflict ... and how to deal with them
4 minutes 36 seconds
5 years ago
Family Business Mediation Podcast No 38: Sibling Rivalry.

50 Common Causes of Family Business Conflict ... and how to deal with them

Audio No 38: Sibling Rivalry.

• Often caused by family circumstances and parenting styles, exacerbated by distractions of family business.

• Perceived or actual parental favouritism.

• Differences in temperament and personality.

• Jealousy over parental love.

• Parental modelling of conflict styles - normalising / reinforcing aggression and lack of conflict resolution skills
- parents ignore conflict and teasing.

• Viewing the sibling as a competitor rather than a collaborator.

• Protection of weaker family members - bird with broken wing.

• Preferring and advancing one child over the other in business.

Solution

• Psychometric testing - science of personality differences.

• Establish objective and commercial objectivity in the business - performance, merit and contribution, rather than bloodline.

• Separate business support (performance-based) from family support (personal needs based).

• Have family members supervised and mentored by non-family staff / directors etc.

I'm interested in your comments below.

#succession #business #conflict

50 Common Causes of Family Business Conflict ... and how to deal with them
50 Common Causes of Family Business Conflict ... and how to deal with them • Family Business - blessing or curse? • Tied in. No escape. • Good = unstoppable. Bad = disaster for health, wealth & happiness. • Focus (purpose), Structures & Systems required. • Attitudes & Skills required. • Series will map the terrain, describe the dangers & suggest ways & means to stay out of trouble / solve problems.