Working with relatives has benefits which include trust, commitment, loyalty and having better qualified and knowledgeable people involved with the business. 6/10 people would find the prospect of working with family attractive.* Family businesses have great appeal and connectivity for clients.
Families generally go through an interesting journey that encompasses all types of relational implications and have a dynamic that can be challenging. They influence each other genetically, psychologically, legally, financially and through history. When a family shares business interests as well this adds several layers to a dynamic that covers relationships between partners, employers and employees who are spouses, parents working with child/ren, working with siblings, aunts and uncles with nieces and nephews, grandparents and other extended family.
My clients are often trying to get to grips with issues such as ‘their why’, ‘team toxicity’ and ‘succession planning’.
We address two areas:
and the influence they have on wellbeing, productivity and profitability.
Through coaching and facilitation we help you gather and make sense of the facts and gain new perspectives, so you see needs and solutions from different perspectives. We use our own model – GREAT© - to help you determine, track and evaluate the decisions you implement, and their impact. Our approach will help you to be flexible, build legacy and make decisions that balance the needs of the business with those of the owners.
Speak with us about your specific case. Book a complimentary 30min conversation.
*American Express research 2015
You may also be interested in watching the Webinar I presented for Enterprise Nation recently.