Author: Jon Kenfield
Family Business Mediation Video No 45: Lack of Talent in the Family. By Jon Kenfield. Solutionist.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video 45 Lack of Talent in the Family. • Business founders are often driven individuals. They may be motivated by creative drive, frustration in another job, identified opportunity, need to work, obligation to provide work for family members, or many […]
Read MoreFamily Business Mediation Video No 44: Retirement & Other Exits. By Jon Kenfield. Solutionist.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 44: Retirement & Other Exits. By Jon Kenfield. Solutionist. • Generational transition – “Succession” – is THE major cause of conflict in business families. It always has been, and it’s on the rise as baby boomers retire in […]
Read MoreFamily Business Mediation Video No 43: Poor Business Performance. By Jon Kenfield. Solutionist.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 43. Poor Business Performance. By Jon Kenfield. Solutionist. • Business performance, or more likely lack of same, is a common cause of conflict. • Some family members employed in the business may be underperforming, or actively sabotaging the […]
Read MoreFamily Business Mediation Video No 42: Family Values. By Jon Kenfield. Solutionist.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 42. Family Values. By Jon Kenfield. Solutionist. • Values are what drive us to do what we do, the way we do it. • Family values are the values honoured and shared by a family, and taken into […]
Read MoreFamily Business Mediation Video No 41: The Next Generation. By Jon Kenfield. Solutionist.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 41.The Next Generation. By Jon Kenfield. Solutionist. • The classic definition of a family business is one that substantially involves at least 2 family members as owners and operators. • Family businesses tend to take themselves more seriously, […]
Read MoreFamily Business Mediation Video No 40: Buying & Selling Interests in the Business. By Jon Kenfield.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 40. Buying & Selling Interests In The Business. By Jon Kenfield. Solutionist. • Conflict occurs when family members feel locked into holding ownership in a family business against their wishes – they would prefer to sell / exit […]
Read MoreFamily Business Mediation Video No 39: Ownership Vs Stewardship. By Jon Kenfield. Solutionist.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 39. Ownership Vs Stewardship By Jon Kenfield. Solutionist. • Ownership entitles business owners to do whatever they like with the business. • Ownership is here and now / short term, selfish thinking. • Stewardship requires owners to hold […]
Read MoreFamily Business Mediation Video No 38: Sibling Rivalry. By Jon Kenfield.
Common Causes of Family Business Conflict & What to Do About Them. Family Business Mediation Video No 38. Sibling Rivalry. By Jon Kenfield. Solutionist. • Often caused by family circumstances and parenting styles, exacerbated by distractions of family business. • Perceived or actual parental favouritism. • Differences in temperament and personality. • Jealousy over parental […]
Read MoreFamily 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 […]
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