One of the most important ways that family business advisory helps, is with resolving differences and conflict. A trusted third party can safely offer insight without making the situation worse. Unfortunately, not every family business sees the value in resolving differences. You can almost bet that their brand will not last much longer when that happens.
Family business consulting is vital for maintaining peace and cooperation. While no two households are the same, there are similar solutions. Positively People assists family-based firms with all of their support needs. Discover what resolution efforts work best for your current situation.
Old Versus New Problems
Do you know the topics that you avoid at the dinner table? You may avoid them, but not everyone shies away from them during working hours. That can mean that your family falls into old habits, even with new ventures. When the same formula for drama emerges, it doesn’t simply just go away.
It’s more productive to address any issues than to ignore them. By learning everyone’s triggers, you can avoid unnecessary tension and conflict. You may want to address everyone’s roles within the company, separating them from home. This sorts out the emotions to be outside of the business so it won’t make their way indoors.
It doesn’t take dedicated continuity planning to see that there are rarely simple solutions. You likely need several options, even with something as common as families fighting. Open communication is key to successful family governance, no matter everyone’s age. Discuss old problems lying beneath new frustrations and address them as they happen.
Is everyone speaking with attitude and snark, or respect and patience? Even with family dynamics at play, you all should see yourselves as part of the business. You will likely need several ways to address the same problem successfully. Try listening when you can’t find the right words to say.
Benefits of Resolving Differences
Family business succession planning often comes after a major fight. Once everyone has exploded, no one wants to continue working together. A better way to approach problems is to keep everyone level-headed. Resolving issues rather than keeping them burning helps to end unnecessary resentment.
Do certain people seem especially agitated in specific rooms or offices? Try holding a meeting in a different location to see if it changes their mood. Finally, choosing a professional advisory team ensures smoother operations for the foreseeable future. You can see many benefits from proper support and mediation, such as:
- Shorter Meeting Times
- Lower Stress Levels
- Neutrality/No Sides Taken
- Everyone Feels Heard
- Informed Decisions
- Reduced Conflict
- Conflict Avoidance
- More Efficient Planning
Contact Us for Conflict Resolution and Family Business Succession
We understand that some conflicts need more than an apology to make things right. Luckily, our agents have the experience you can depend on for smoother resolutions.
All families fight eventually, but it doesn’t mean breaking up the brand. Make sure you enter each situation prepared to find common ground. We assist family businesses like yours in making the best choices. Hire Positively People for perspectives that are outside of your company today.