Sibling rivalry runs deep. I was returning from a family business coaching engagement at the airport two years ago. A three-year-old was sitting in his stroller and the five-year-old sibling came over to push the stroller to help Mom and Dad. The three-year-old had an instant, hysterical reaction to the fact that his older sibling […]
Resolving Family Business Conflict
Conflict is inevitable in every business. In a family-owned business personal and professional relationships can manifest in unique conflicts. Those conflicts that hold a family business back, when addressed, put not only the business, but family relationships on a healthy track.
I’ve been joking for sometime saying that family business reminds me a lot of a hockey game. A fight breaks out almost every time. Conflict breaks out in most family businesses. Yet, the truth is, conflict happens in just about every business. One of the important things we teach our family business clients, is that […]
People often ask me, “What is family business coaching?” Another question I get is, “How is what you do different from family business counseling?” A family business coach or a business coach will typically be helping people become more effective at producing business results. Most of the conversations will be through the lens of focusing […]
Disputes are a normal part of family business life. The problem is, when the disputes are not properly dealt with they can become corrosive, damaging and even lethal to the health of the business! Here are 4 tips to help you make sure your family disputes aren’t life threatening… Take a big breath Remember when […]
In honor of National Siblings Day I thought I’d give you a simple exercise to improve sibling communication. An important part of family business succession is learning to create a strong team built upon respect and open communication. One key ingredient to building respect is to know how your performance is viewed by your teammates. […]