Common Causes of Family Conflict & How to Deal with Them.
Video 9: Relationship Interplay’s.
- Family Business continues relationship pressures present in the family into the business – very different contexts with antagonistic drivers.
- Family hierarchy: starts age-based, increasingly personality-based.
- Family Business hierarchy: starts age-based, personality-based, power-based (rather than merit-based) (family/business lifecycle).
- Solution: Mediation if there’s serious conflict – family history & personalities considered carefully.
HR best practice: commercial / merit-based roles, responsibilities, authorities and accountabilities. Reporting lines. Detailed Job Descriptions for everyone.