Month: November 2019
Family Business Mediation Video No 37: Lack of Agreed Policies & Procedures. By Jon Kenfield.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 37: Lack of Agreed Policies & Procedures. By Jon Kenfield. Solutionist. • Business families are even more complicated than ordinary families – because they combine family with business ……. which makes no sense. • All complex organisms and […]
Read MoreFamily Business Mediation Video No 36: Personal Financial Security By Jon Kenfield. Solutionist
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 36: Personal Financial Security. By Jon Kenfield. Solutionist. • Financial security tends to become a more serious issue as people get older and have less capacity to adapt and overcome financial challenges. • Fear is always a major […]
Read MoreFamily Business Mediation Video No 35: Discipline (lack of) By Jon Kenfield. Solutionist.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 35: Discipline (lack of) By Jon Kenfield. Solutionist. • Discipline: (a) Internal = self-control and self-regulation; (b) External = system of controls + enforcement measures + consequences for non-compliance. • Lack of discipline = lack of accountability. Unfairness […]
Read MoreFamily Business Mediation Video No 34: Family Dysfunction By Jon Kenfield. Solutionist.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 34: Family Dysfunction. By Jon Kenfield. Solutionist. • Family Dysfunction: A dysfunctional family is a family in which conflict, misbehaviour, and often child neglect or abuse on the part of individual parents, occur continuously and regularly, leading other […]
Read MoreFamily Business Mediation Video No 33: Family Succession & Continuity By Jon Kenfield.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 33: Family Succession & Continuity. By Jon Kenfield. Solutionist. • This is a big one for conflict! Family succession and associated control of family wealth can be even more confronting than taking over control of the business. • […]
Read MoreFamily Business Mediation Video No 32: Business Succession & Continuity. By Jon Kenfield.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 32: Business Succession & Continuity. By Jon Kenfield. Solutionist. • This is the big one for conflict! Business leadership succession, and a perceived transfer of associated family leadership, can be enormously confronting, especially to leaders and driven entrepreneurs […]
Read MoreFamily Business Mediation Video 31: Decision Making Family & Business, By Jon Kenfield.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 31: Decision Making: Family & Business. By Jon Kenfield. Solutionist. • Many business families, even large and sophisticated ones, don’t have any coherent form of problem solving or decision making process. Up to a point, decisions can be […]
Read MoreFamily Business Mediator Video No 30: Implementing Change in Business in the Family.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediator Video No 30: Implementing Change in the Business / in the Family By Jon Kenfield. Solutionist. • Family businesses are often quite isolated in their own bubble of family, business and industry. • They can be very good at what […]
Read MoreFamily Business Mediator Video No 29: Rules of Engagement: Family to Business.
Common Causes of Family Business Conflict & What to Do About Them. Video No 29. Rules of Engagement: Family to Business. By Jon Kenfield. Solutionist • Family business = private business, legal & practical ability to do whatever. • Founder generation often doesn’t feel the need to formalise policies and procedures because they have complete […]
Read MoreFamily Business Mediator Video No 28: Expectations & Entitlements.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediator Video No 28. Expectations & Entitlements. By Jon Kenfield. Solutionist. • Family membership may create unjustified and unsupportable expectations of rewards or benefits from the business – cars, phones, credit cards for personal expenses etc. These are sometimes caused by […]
Read More