Tuesday, April 21, 2020
It Is Inevitable – Conflict In The Family
There is no such thing as a family business without conflict at some point. What is the cause of conflict in a family business?
Though there is not one answer to that question for every situation or family business, we believe, based on our experience, the source of much conflict is misaligned expectations.
Each family member brings his or her own thoughts, ideas, experiences, definitions, interpretations, and perceptions. In many situations, there is an assumption that others just know what we mean, and we move forward acting on our own definitions or interpretations. These families take the greatest hits when change is necessary, or a critical decision must be made.
Because every family is going to have conflict, what is a family to do?