Chapter 3 Family and Family@business Life Cycle
The Fundamental Challenge in Family@business
When you work with family businesses or when you meet people working in a family business, more often than not the subject of the inseparable tie between family and company is brought up in conversations. The family and the company are continuously, and in turn, each other's fore- and background. The relational dimension in all human systems, in every family structure, in every Family Business is a given. Yet this relational dimension is a challenge. Why?
The reasons for this are simple and obvious:
Firstly, a Family Business is a unique combination of two different worlds, namely a family and a company. There is a natural ...
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