Family Business Succession – Episode 3: Conflict! When it gets ugly in a family business
This is the third blog, in a series of seven, where we talk about family business succession, along with other issues, in running and managing a family enterprise. In this blog, we talk about conflict. Conflict is inherent in any business but, with a family business, there are also inherent complications. Are you creating foundations and living up to the next generation’s social aspirations, and the social aspirations of the founding generation? How can you identify, prevent and manage conflict? All of this is extremely important, often for the extended family’s continued harmony, as well as the health of the business itself.
To find out more about succession in family business, download Michael’s Riches to Rags in Three Generations, take a look at the services we provide to support you or contact Michael for a free consultation.
This podcast is brought to you by KMT Partners. KMT is a leading accounting and wealth management advisory firm in South Australia, assisting you to emerge, renew, grow and build resilience in business, themes which are central to this podcast series. For more information visit KMTpartners.com.au
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This podcast is hosted and produced by Andrew Montesi from Apiro Consulting apiroconsulting.com