When family conflicts arise, finding effective solutions can be professionally challenging and emotionally taxing. Family mediation offers a constructive approach to resolve disputes, particularly in areas like organizational change or professional and personal conflicts. Let’s explore the benefits and limitations of family business mediation and its productive role in resolving family conflicts. Mediation: A Collaborative Approach to Conflict Resolution Mediation …
Navigating Family Business Conflicts: A Guide for Owners and Managers
“When family members are owners, employees, or related parties, you can double the chances of personal or professional conflicts. With an experienced mediator, you should be able to redirect that energy as a force to better navigate family business conflicts. – Mark Fallon of Alternative Law Balancing personal and professional relationships within a family business can be tricky. Unstructured businesses …
Is There A Place For Verbal Business Agreements?
Commercial or business mediation helps manage the difficult communication issues that normally develop when business ventures are formed or to help manage ongoing relationships. A new business venture is in fact a new type relationship. Exciting at the start, even more exciting when rewarding, and can turn sour very quickly when conflict develops or losses occur. Existing businesses may …
Family Business Path to a Successful Future
Family businesses are incredibly strong, resilient and yet require attention to have a successful future. Like some say, never mix business and pleasure. Well, that’s exactly what family businesses are all about. Members of the family wear different hats at different times. During the day, a different family member might become the boss or have a completely different position. In …