Cover; Title; copyright; Contents; LIST OF EXHIBITS; Introduction: A Primer to Managing Conflict in Family Business; 1: Managing Conflict: The Balance of Family and Business; 2: Common Dilemmas That Can Lead to Conflict; 3: Guidelines for Dealing with Dilemmas That Lead to Conflict; 4: Create a Legacy for Future Generations; ADDITIONAL REFERENCES; ABOUT THE AUTHORS; INDEX
Summary
Managing conflict is a challenge in any business setting and yet when managed correctly, some conflicts can actually be beneficial. But knowing how to leverage conflict into an advantage is not always so immediately clear and this is particularly true within family businesses. That's because the dynamics that can produce conflict within a family simultaneously intersect with the challenges of owning and operating a business, potentially complicating both. This book will identify Family Business Conflict Archetypes (patterns), Frames, Roles, and Tactics. They are discussed with a view toward educating readers to the common conflict cycles that families running a business can encounter. Keys to effectively managing these unique conflicts and the changes they produce, are also discussed. More specifically, utilizing a mini case study approach, this book will address twelve conflicts that are common in family owned businesses, how families can spot them, and then plan for their successful and effective management in ways that simultaneously uphold the family and the business
