The Cornerstone of Legacy: Family Governance and Succession Planning in Holistic Family Enterprise Advisory
In the tapestry of family enterprises, the threads of governance and succession planning are interwoven with the very fabric of legacy and success. As a holistic family enterprise advisory, I understand that the continuity of a family business across generations hinges on robust governance structures
The Road to Professionalization: Board of Directors and Family Governance in Family Businesses
In the world of family businesses, the board of directors is more than a corporate body; it is the guardian of the family vision and legacy. Professionalization of the board of directors, coupled with effective family governance, is crucial for sustainability and long-term success. But
Disputes between co-founders are the downfall of start-ups
A few weeks ago, I spoke with a startup founder who enlightened me about what he thinks kills startups: conflict at the co-founder level. Disagreements about “who gets to decide what, who works harder or whose opinion matters most” threaten the company you are trying
The first step to your conflict resolution
As a rule, conflicts and their resolution are underestimated. One thinks that these conflicts will disappear by themselves if one only behaves “reasonably”.If this approach does not work, one thinks, especially as a supervisor, that the conflict will disappear if one speaks ” to the
Conflict is something you have to be able to afford
Conflict costs correspond to the amount of money you invest to tolerate the conflict situation.If you just multiply the number of people involved and their monthly salaries by the time spent on the conflict on average per month, you don’t need in-depth controlling knowledge to
Conflicts: The escalation stages (according to F. Glasl)
The following are the nine escalation stages by Friedrich Glasl (Austrian economist and conflict researcher) supplemented by practical tips on how to get out of an escalation. Stage 1 – HardeningAt the beginning there is a latent discontent. Those directly affected and those uninvolved perceive
The Cornerstone of Legacy: Family Governance and Succession Planning in Holistic Family Enterprise Advisory
In the tapestry of family enterprises, the threads of governance and succession planning are interwoven with the very fabric of legacy and success. As a holistic family enterprise advisory, I understand that the continuity of a family business across generations hinges on robust governance structures
The Road to Professionalization: Board of Directors and Family Governance in Family Businesses
In the world of family businesses, the board of directors is more than a corporate body; it is the guardian of the family vision and legacy. Professionalization of the board of directors, coupled with effective family governance, is crucial for sustainability and long-term success. But
Disputes between co-founders are the downfall of start-ups
A few weeks ago, I spoke with a startup founder who enlightened me about what he thinks kills startups: conflict at the co-founder level. Disagreements about “who gets to decide what, who works harder or whose opinion matters most” threaten the company you are trying
The first step to your conflict resolution
As a rule, conflicts and their resolution are underestimated. One thinks that these conflicts will disappear by themselves if one only behaves “reasonably”.If this approach does not work, one thinks, especially as a supervisor, that the conflict will disappear if one speaks ” to the
Conflict is something you have to be able to afford
Conflict costs correspond to the amount of money you invest to tolerate the conflict situation.If you just multiply the number of people involved and their monthly salaries by the time spent on the conflict on average per month, you don’t need in-depth controlling knowledge to
Conflicts: The escalation stages (according to F. Glasl)
The following are the nine escalation stages by Friedrich Glasl (Austrian economist and conflict researcher) supplemented by practical tips on how to get out of an escalation. Stage 1 – HardeningAt the beginning there is a latent discontent. Those directly affected and those uninvolved perceive
The task of the mediator: Be neutral, independent and impartial.
The mediator provides the optimal conditions and framework for conflicts to be dealt with. He is neutral, independent and impartial, i.e. all parties are treated equally. Confidentiality is a basic requirement, the discussions are treated absolutely confidentially and no contents are passed on to outsiders.
The advantages of the mediation process
In contrast to the American legal system, a conflict in our country that is settled by means of legal proceedings costs a lot of money from the very first minute. In addition, it usually takes a long time to determine a “winner” and a “loser”.
