Transforming Conflicts into Opportunities for Understanding
FAMILY BUSINESS
“My brother and I disagree about how we should grow the business”
Disagreements are inevitable in any business venture. In a family business the conflict is complicated by the dynamic of the personal relationships. Anger and resentment can fester causing a loss of productivity and profits as well as damage to the family unit. Often communication breakdown is at the heart of the dispute. At Navigating Resolutions, our trained mediators will help family members listen to and understand each other so that they can work towards repairing their relationship and getting back to business.
Some of the issues that mediation can help with:
- Clarifying roles and responsibilities
- Level of participation of owners
- Succession of the business to the next generation
- Differences in management style
- Involvement or addition of new family members
- Planning for the future
- Growth and development
- Dissolution
- Sibling rivalry
- Compensation
- Promotion
Copyright 2007-2008. Navigating Resolutions. All rights reserved.