In my experience of working with family businesses from coast-to-coast for over 10 years, I found personality and style differences to be one of the leading causes of family business conflict and dysfunction. With a little bit of education and awareness the style differences can become an asset rather than a liability. The fact that […]
Lack of Role Clarity a Key Contributor to Sibling Issues in the Family Business
Perceived inequality of results and lack of role clarity is a very common issue that comes up with our family business clients. So one of the first things we ask is: do you have clearly defined roles and responsibilities? I’m amazed how often family members don’t have clear roles, responsibilities and business goals. The lack […]