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Family 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 […]
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 […]
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