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crisis management

September 1, 2008

Crisis in a family business is often the result of conflict between family members. George Kohlrieser offers a six-step guide to help you manage these tricky times

Crisis in a family business is often the result of conflict between family members. George Kohlrieser offers a six-step guide to help you manage these tricky times

Conflict in family business comes with the territory and is inevitable. The underlying basis of the family is an emotional bond with loyalty as its foremost principle. A family is expected to nurture and care for each other with unconditional life membership, regardless of performance. When the rules of business and the rules of family overlap, conflict is probable.  

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