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conflict

December 3, 2009

Larry Colin worked in the family business, Colin Service, for 37 years before he was forced to sell to settle a long-running disagreement with his brother. He shares his experiences and urges others in a similar situation to act before the family relationship is ruined permanently

My grandfather Sam Colin came to the US from Poland aged 10 and founded Yonkers Window Cleaning Inc in 1913. The business started as a small window cleaning shop with five employees serving retail stores, homes, and commercial buildings.

November 1, 2008

Campden FB’s latest online survey delved into the world of relationships within the family business. What is communication like between family members? How able are you to share difficult problems with other family members? Have you experienced personal conflict or sibling rivalry?

While family businesses can be the best of all possible worlds and provide many rewards, they also present inherent risks. Those rewards and risks are rooted in the quality of the relationships between family members. Emotions attached to the meaning of family are so powerful that unless attention is paid to critical issues, relationships in family businesses can spin out of control and endanger both the family and the business.

A survey about family business relationships conducted by Campden FB yielded important information regarding these critical issues.

September 1, 2008

Crisis in a family business is often the result of conflict between family members. George Kohlrieser offers a six-step guide to help you manage these tricky times

Crisis in a family business is often the result of conflict between family members. George Kohlrieser offers a six-step guide to help you manage these tricky times

Conflict in family business comes with the territory and is inevitable. The underlying basis of the family is an emotional bond with loyalty as its foremost principle. A family is expected to nurture and care for each other with unconditional life membership, regardless of performance. When the rules of business and the rules of family overlap, conflict is probable.  

September 1, 2008

The latest news of conflict between Mukesh and Anil Ambani comes as no surprise. Mukesh’s Reliance Industries began arbitration proceedings against Anil’s Reliance Communications in July following a collapsed merger deal with MTN Group, claiming it has first right to refusal over Anil’s stake in the company.

The latest news of conflict between Mukesh and Anil Ambani comes as no surprise. Mukesh's Reliance Industries began arbitration proceedings against Anil's Reliance Communications in July following a collapsed merger deal with MTN Group, claiming it has first right to refusal over Anil's stake in the company. The brothers have been fighting since 2002 following the death of their father and the subsequent division of his business empire. They may be successful businessmen, but are they good stewards if they leave their family a legacy of conflict?

May 1, 2008

Why do conflicts occur in family businesses and what can be done to resolve them? Grant Gordon attempts to find some answers

Why do conflicts occur in family businesses and what can be done to resolve them? Grant Gordon attempts to find some answers

February 26, 2008

A takeover bid from an Icelandic investment firm threatens to divide a family-owned clothing company.

A takeover bid from an Icelandic investment firm threatens to divide a family-owned clothing company. Men's clothing firm Moss Bros has received a takeover bid of €0.55 per share from Baugur, the Iceland-based investment group, which values Moss Bros at approximately €53 million.

January 2, 2008

Fredda Herz Brown and Sam Davis begin our focus on family business boards by explaining how resistance towards external advisors can damage the success of the board and suggesting ways to overcome it to ensure a harmonious business

Fredda Herz Brown is a founding partner of Relative Solutions. Sam Davis is principal at Relative Solutions.

Fredda Herz Brown and Sam Davis begin our focus on family business boards by explaining how resistance towards external advisors can damage the success of the board and suggesting ways to overcome it to ensure a harmonious business

January 1, 2008

Tom Davidow and Clemens Trauttenberg go head to head on the topic of managing conflict in family businesses. Will the firm prosper if the dissidents are bought out or should the family try to overcome the conflict together? Over to you to decide…

Tom Davidow is founder and principal of Thomas D Davidow & Associates, based in Brookline, MA.
Clemens Trauttenberg is Member of the Private Client Department at WOLF THEISS.

Tom Davidow and Clemens Trauttenberg go head to head on the topic of managing conflict in family businesses. Will the firm prosper if the dissidents are bought out or should the family try to overcome the conflict together? Over to you to decide…

Buy out the dissidents

November 1, 2006

Harry is a hard-working man who built a successful business by sweat, ingenuity and force of will. He was good at understanding what people wanted and used that talent to build a company in the US that manufactured luxury items for successful businessmen and others who wanted to make a statement. The company, ImageMaster, grew quickly, possibly too quickly. ImageMaster needed to rapidly expand to meet the growing demand for its specialty products. The business seemed to be growing faster than Harry's ability to manage it effectively.

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