All complex systems will experience conflicts and conflicting relationships over time; these articles includes statistics, research and suggestions for advisors and consultants.
How can family advisors help their clients when they are so enmeshed in conflict that they seem to have erected impenetrable barriers? According to this week’s contributors, Mitzi Perdue and Amy Castoro, advisors can utilize three communication techniques to break down these barriers and address the underlying causes of the conflict. Mitzi and Amy have illustrated these techniques with an instructive case study that can be shared with clients.
How can relationship conflict and socioemotional costs impact a family business owner’s subjective assessment of the firm’s value? In this week’s edition, which is a précis of “Relationship Conflict, Family Name Congruence, and Socioemotional Wealth in Family Firms,” an article appearing in the December issue of FBR, Navneet Bhatnagar explores this question and the relevant implications for practitioners.
How can advisers utilize the creative process and even mask-making to help family businesses address and resolve conflict? For this week’s edition, we are thrilled to share an interview between Russ Haworth, host of the Family Business Podcast, and Charlotte Dillon and Oliver Hallam about their presentation at the upcoming FFI Global Conference. Their presentation is titled “Unmasking Imagination and Creativity” and will be a mask-making workshop to explore how creativity can mediate family business solutions.
Thanks to Marianna Martinez, a member of the FFI IberoAmercian Virtual Study Group, for this article entitled, “Eight Strategies for Conflict Management in Family Meetings.” You have your choice of reading in in English or in Spanish! More articles from this group will be forthcoming. We appreciate their taking the lead in helping us publish in two languages!
Points of significant change and transition in the life of a family business lead to predictable psychological reactions.
Transformation this article makes the claim that mediation, a private, voluntary and creative process, can be designed to effectively address and resolve conflict among family members engaged in family enterprise(s) and that mediation can be a transformative process.
In this article GEN (Global Education Network) 501 faculty member Anthony Devine looks at three sources of conflict in the family business.