Tag: Conflict

What Family Firms Can Teach Us About Work-Life Balance

Blurring work and personal lives can lead to stress and exhaustion. Family businesses do these four things to create healthier boundaries. From the launch of the first cellphone with email Read more

Knowledge, reputation, and personal ties can also be leveraged and weaponized, setting the stage for clashes and disruption. Power, the capacity to influence outcomes positively or negatively, is Read more

Punishment, Reward, Control: How Money Shows Up in the Business Family

In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read more

Many entrepreneurs dream of the day when their hard work pays off with riches and financial security. For Grant Muller, that day came before he was age 30, when the startup he was involved in went Read more

Falling from Grace: How Scandals Affect Family Businesses

Promoting the family behind the family business can often bring benefits. Consumers can feel better about a product or service – and more likely to trust it and buy it -- if they know a Read more

In 2013, Chip Tate was on the verge of taking Balcones Distilling to the next level. Since 2008, he had been building his Waco, Texas-based craft whiskey business literally with his own hands, Read more

Keeping it in the Family

From left, Jeanne Plumley, her daughter Rebecca Miller and Rebecca's daughter Ellery Editor’s note: This article is part of Lessons from Leaders, a Next Avenue initiative made possible by the Read more

Thicker Than Water: Balancing Individual Career Goals and the Family Business

With family-owned businesses accounting for a whopping share of the economy, the nature of family members’ individual career development in that sector is important and interesting. How indeed do Read more

Over My Dead Body: The Unseen Influence of Wives on Succession

Around the world, women have risen to the upper echelons of family businesses. But among women who are wives of the family business leader, even those involved in the business themselves, attitudes Read more

Family Emotions Can Drive Business Decisions

From “Dallas” and “The Godfather” to “House of Gucci” and “Succession,” popular culture has always relished watching how resentments, squabbles and back-stabbing can pulse through a Read more