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

Grupo Ferré Rangel: Internationalisation, Diversification and Social Innovation

Grupo Ferré Rangel: Internationalisation, Diversification and Social Innovation

With a strategic approach that emphasises internationalisation, diversification and social innovation, Grupo Ferré Rangel, Puerto Rico's family-owned, multinational, strategic investment holding company, has achieved that delicate and powerful balance that has defined the family’s...
The Barrow Group: Five Generations of Construction in South Africa

The Barrow Group: Five Generations of Construction in South Africa

Over the course of its 121-year history, the Barrow Property Group grew from a small carpentry shop into one of South Africa’s leading property management and construction companies. Now in its fifth generation, the...
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...