Family meetings: learning to plan productively together
Do you worry that conflict might arise if you and your children discuss the future of your family business together? Worse still, do you worry that conflict within the business could harm both family relationships and the operation of the company? You are not alone; many senior-generation leaders like you have sleepless nights about this issue.
The media and entertainment industries tend to accentuate the bad news about family businesses. Their stories about feuding heirs suggest that every family business is headed for disaster, so it’s reasonable to think that your own will suffer the same fate.
Unfortunately, the good news about family businesses is seldom told. When they work well, these companies are often amongst the most efficient and competitive around.
