For continuity and prosperity, family businesses need to tide over differences that may emerge among family members, siblings, cousins, and even family members and non-family executives, on either personal or professional grounds.
In owner-families, conflicts arise on several accounts; absence of a common vision, poor business performance, ego and authority clashes, generational transition, resentment on profit sharing. Conflict, if not addressed timely, can threaten family’s unity and business continuity.
At Equations, our team offers an unparalleled expertise on helping owner-families manage conflict within the family, and also in the organizations. We take a practical approach to conflict management, based on our extensive research on conflict in family businesses.