A FAMILY MATTER 

Understanding family business relationships

In order to run a successful family business, having a proper governance structure, high profits, and global brand recognition is not enough; none of these things matter once relationships between family members turn sour and conflict rears its ugly head. 

 ADDITIONAL READING 

Family Relationships Articles

KNOWLEDGE: Longevity in the Family Business Context

KNOWLEDGE: Longevity in the Family Business Context

Judy Green, PhD, is president of the Family Firm Institute, an international professional association of individuals and organisations that advise and study multi-generational family enterprises. She is a frequent commentator on topics in the...
PSYCHOLOGY: How to Keep the Impostor Phenomenon from Holding You Back

PSYCHOLOGY: How to Keep the Impostor Phenomenon from Holding You Back

More than 25 years later, Guy French (modified name) still remembers the unshakable feeling of dread. He had just begun his studies at a well-respected Journalism Program in Eastern Canada and was well on...
How to Avoid Feeling Trapped in Your Family Business

How to Avoid Feeling Trapped in Your Family Business

In his book, Trapped in the Family Business, Dr Michael Klein explores the difficult situation that can occur when family business members feel they no longer fit in their role or the organisation as...
Costa del Sol: Peru’s Preeminent, Family-Owned Hotel Chain

Costa del Sol: Peru’s Preeminent, Family-Owned Hotel Chain

With ten locations across the country, the Mustafa family’s Costa del Sol group is a Peruvian hospitality heavyweight. Inspired by his hotelier father’s success, Mario Mustafa studied business administration in University concentrating specifically on...
Helping Families Manage Success

Helping Families Manage Success

Growing a family business into a profitable and successful enterprise is a challenging process and, once there, other questions present themselves. How does the family deal with its newfound wealth and affluence? How do...