Issue 25, Feb 2015 – Emotions in the Family Business

Issue 25, Feb 2015 – Emotions in the Family Business

Managing emotions in the workplace is not a challenge that is faced by family businesses alone. However, to work with family members guarantees that the complexity of personal relationships enters the professional spheres. Like many characteristics of the family business, the heightened level of emotions is advantageous and disadvantageous at the same time. On the one hand, strong emotions can manifest themselves as commitment and passion for the business. On the other hand, they can get out of hand ending in anger and resentment.

how-philanthropy-can-strengthen-the-family-and-prepare-the-younger-generations

How Philanthropy can Strengthen the Family and Prepare the Younger Generations

By Patrick ONeill and Bill Malloy III, MWM, a multi-family office The Purpose of Wealth The purpose of wealth is not to serve itself, but to serve the family and society. American industrialist Henry Ford famously...
aronoff

Reflections on Family Business Education

Interview with Prof. Craig Aronoff Over the past few decades, family business research centres and higher education programs seem to have mushroomed around the world. At Tharawat magazine we asked ourselves about the origins of...
of-pots-pans-and-family-nicolas-audi-catering

Of Pots, Pans and Family Nicolas Audi Catering

Interview with Karim Audi and Karim Bechara Nicolas Audi is an architect and an artist, but most of all he is a cook. Known for his adventurous cuisine for over 30 years now, Nicolas only...
maison-tarazi-against-all-odds

Maison Tarazi – Against All Odds

In 1862, Dimitri Tarazi began his first commercial venture in Beirut, Lebanon, establishing the foundation for a resilient family business with a complex history. His younger brother André joined the company soon after and...
family-business-tech-talk-5-great-apps-for-your-family-business

Family Business Tech Talk – 5 Great Apps for your Family Business

Multigenerational family businesses have a great responsibility in preserving their heritage and legacy. However, it is equally important to look to the future and remain informed about fast-paced changes new technologies are triggering and...
the-fearless-and-the-archive

The Fearless and the Archive

Interview with Sam Reich Sam Reich has always done things differently. At 13, he set up his own tech company. This first small venture put Sam through university. The fact is entrepreneurship runs in the...
trust-between-brothers-inside-the-khoury-project

Trust Between Brothers – Inside “The Khoury Project”

Elia, Basil, and Osama Khoury are the three brothers behind the musical ensemble “The Khoury Project”, in which Elia plays the oud, Basil the violin, and Osama the qanun. What is most striking about...
emotion-in-family-businesses-utilise-the-positives-resolve-the-negatives

Emotion in Family Businesses: Utilise the Positives, Resolve the Negatives!

Emotional relationships (positive and negative) have a powerful influence on every aspect of our lives and are a key influence our behaviour and decisions. Behaviours driven by emotions can be dysfunctional, especially if based...
anger-in-the-family-business

Anger in the Family Business

 “Anybody can become angry - that is easy, but to be angry with the right person and to the right degree and at the right time and for the right purpose, and in the...
a-legacy-of-love-the-wonderful-story-of-the-henriquez-family

A Legacy of Love – The Wonderful Story of the Henriquez Family

Interview with Cristina Henriquez Love… Likely the most powerful emotion known to human kind. As literature, poetry and all other art forms have always told us, it is the one feeling that allows unparalleled euphoria...
mazzoleni-two-generations-and-their-love-for-art

Mazzoleni – Two Generations and Their Love for Art

Interview with Luigi Mazzoleni Giovanni and Anna Olimpia began collecting art 50 years ago. They started with 20th century Italian works by artists like de Chirico, Savinio, Afro, Dorazio, Capogrossi, and Post-War artists. They sold...
von-bartha-the-art-of-family

Von Bartha – The Art of Family

Interview with Stefan von Bartha In the Swiss city of Basel, there is a contemporary art gallery with a red petrol pump in front of it. The white letters above the wide glass doors spell...
hemmerle-a-tradition-of-innovation

Hemmerle – A Tradition of Innovation

Interview with Mr. Christian Hemmerle In 1893, brothers Anton and Josep Hemmerle took over a goldsmith business in Munich, which counted amongst its clients the Bavarian Royal Family. Known for producing medals and orders, the...
puig-a-family-of-fragrances

Puig – A Family of Fragrances

In 1914, entrepreneur Antonio Puig Castellò founded a small importing business in Barcelona, Spain. After a hundred years of expansion and innovation, his grandchildren now run the international luxury conglomerate that is at once...