Published by:
Harvard Business Publishing
Length: 9 pages
Share a link:
https://casecent.re/p/48608
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
The fundamental psychological conflict that plagues family businesses is rivalry, compounded by feelings of guilt. Company founders feel rivalry when they unconsciously sense that subordinates threaten to remove them from their center of power. For the founders the business is an extension of themselves which they have great difficulty giving up. By confronting and discussing their feelings of hostility and rivalry, possibly in the presence of a neutral third party, family members begin to resolve their problems.
About
Abstract
The fundamental psychological conflict that plagues family businesses is rivalry, compounded by feelings of guilt. Company founders feel rivalry when they unconsciously sense that subordinates threaten to remove them from their center of power. For the founders the business is an extension of themselves which they have great difficulty giving up. By confronting and discussing their feelings of hostility and rivalry, possibly in the presence of a neutral third party, family members begin to resolve their problems.