Family Dynamics Archives

Fight, Flight, or Freeze: Dealing with Business Conflicts

November 22, 2021
/ Business Owners & Executives
/ By Bruce Werner

Tags: Business Leadership, Business Management, Family Business, Family Dynamics, Life-Work Balance, Small Business,

How should business conflicts be handled? Instead of responding to “fight, flight, or freeze” instincts, it’s best to address these situations with care. Find out how to handle family and non-familial conflicts in a business environment.

4 Steps for Handling Your Finances in Divorce

Tags: Estate Planning & Asset Protection, Family Dynamics, Financial Management, Personal Finance/Investing,

Divorce is not just an emotional process—it’s a financial one too. Follow these steps to manage finances in divorce and protect your assets.

The Good, the Bad and the Ugly of Family Business Transitions and Exit Planning

Tags: Business Leadership, Business Transition and Exit Planning, Family Business, Family Dynamics, Selling Your Business,

Usher in the good and avoid the bad—or ugly—in family business exit planning by following these strategies during a transition.

Structure is the Key to Stronger Family Business Succession Planning

Tags: Business Leadership, Business Transition and Exit Planning, Family Business, Family Dynamics, Fiduciary Duties & Corporate Governance,

Unorganized family structure can lead to failed business transitions. A successful family business succession plan requires clear roles.

Long-Term Care Insurance: What You and Your Family Should Know

May 7, 2021
/ Personal Finance
/ By Gay Jervey

Tags: Estate Planning & Asset Protection, Family Dynamics, Financial Management, Living Well(ness), Retirement,

Everyone should consider long-term care insurance when thinking about the future. Do you know what you need to ask?

Surviving the Second Generation: Discussions You Need to Have Before Family Business Transitions

Tags: Business Leadership, Business Transition and Exit Planning, Estate Planning & Asset Protection, Family Business, Family Dynamics, Small Business, Succession Planning,

Many family businesses don’t survive into a third generation. Strong quarterly communication can aid family business transitions.

2 Crucial Tips for Preserving Multigenerational Wealth

Tags: Estate Planning & Asset Protection, Family Business, Family Dynamics, Financial Management,

Better multigenerational wealth management requires families to recognize potentially fatal events and treat their wealth as an enterprise.

Family Business Conflicts: Are You Choking on Family Fur Balls?

Tags: Business Leadership, Family Business, Family Dynamics, Fiduciary Duties & Corporate Governance,

Conflict resolution in family business starts by addressing ‘fur balls’. Don’t choke, or family business conflicts will worsen.

Revisiting the Three Circle Model of Family Business to Strengthen Governance Structures

February 10, 2021
/ Business Owners & Executives
/ By Bruce Werner

Tags: Business Management, Family Business, Family Dynamics, Fiduciary Duties & Corporate Governance, Succession Planning,

It’s been 40 years since Gersick introduced the Three Circle Model for Family Business. How can you assess governance maturity in each circle?

Psychology of a Private Company Board Part 2: Family-Owned Businesses

Tags: Family Business, Family Dynamics, Fiduciary Duties & Corporate Governance,

The board of directors for a family-owned business has a duty to the company’s owners, but family dynamics often complicate its direction.

Articles tagged: Family Dynamics