However, it is crucial to the ultimate success of the heir and, at the same time, serves as final acknowledgement of a job well done. Trouble arises when one or more of these systems overlaps and conflicts with another. Many times, family and business values are naturally at odds. Traditionally, the function of a family is to nurture relationships and care for its members, particularly those who are least able to care for themselves. Conversely, business thrives by weeding out the weak and supporting the strong to increase production and generate profits.
Mom intercedes to protect the son on behalf of the family, and conflict erupts.
In each case, reason becomes muddied when the various systems clash, creating stress and ambiguity. Here are some tips to help separate the systems, ease communication and reduce conflict. Head off conflict by establishing a family council to discuss potential issues and establish policies in advance. Because the issues are hypothetical, discussions can be more objective and less emotionally charged. Establish regular family business meetings to discuss pending issues.