A family business is a commercial venture in which family members are involved. There are many benefits to setting up or participating in managing a family business; the most common is the shared sense of loyalty and commitment to goals enabling a sense of stability between family members. Family businesses also tend to be more forgiving when it comes to life issues and life vs. work balance.
However, a family business can bring up a lot of family-based company conflicts. Working with parents, children, siblings, or extended family members can create ambiguity between personal and professional responsibility. Unresolved emotional issues from childhood and rivalries can surface in business decision-making. Structure, culture, expectation management, and family-oriented authoritarian leadership can also contribute to family fractures threatening business profitability. All of this to say these conflicts carry across both the workplace and family life.
In Family Business Mediation, Christine facilitates family members’ voluntary and confidential conversations to improve insights into themselves and each other.
Whether you are experiencing conflicts now or want to prevent them, let’s work to keep your Family Business on track, growing family life and business profitability.
Learning how family members orient to conflict and improving communication patterns helps deepen personal insights and improve relationships. In the mediation process, the family will learn how to demonstrate listening, identify shared interests, and resolve a disagreement with respectful collaboration. When family members feel heard and understood by others, it creates an opportunity for authentic problem-solving characterized by sustainable solutions.