Often the question is so low, if the family disputes so intense, or insoluble, or perhaps the energy to deal with them, someone says, we all have to take a sponge and sell the company. Do not get me wrong, there are a lot of family reunification, in which the choice and move into the world of money management. (Although, with luctuations of the stock market and the world economy at the moment I would not recommend anyone to run.)
Customers who regularly threatened to sell the asset, if it was not a good day, people do not respond, or do not have the respect he felt he deserved. He saw that there was a problem, it was not all. The company has grown beyond its capacity, and it was time for all those who are no longer able to perform holiday. Owners of family businesses, tend to fall into this trap, it is my job, and I built, I can get by pretending to be an expert in several areas. "And if someone asks me a question, you can find another job," he said. What they do not know that the family actually came to the conclusion that the intervention did not stop in areas where it is really necessary to add, in fact, was an obstacle to progress, unfortunately, the best solution would be to sell the company.
Problem is common when a family does not discuss or address issues of fear offend family members. Compensation of the line performance and contribution to society is not what it should be, or someone is not really made to do the work. Many families make selections poor ignore the interests of "family harmony". It is clear that all parents of young children have learned how to pick your battles. I'm not saying that everything will be fine. But if the performance of the company to take a bath, because a family member is not working is that the right answer? What happens if the company's growth is difficult, because no one wants to talk to family members who may have their own abilities are not the best for areas that may be involved?
Answering this question is not as simple as it seems. But let me rephrase the question: how to change the harmony of the family company is based on a good result of poor performance of the company? More directly, the person to be happy, if the company goes bankrupt?
Henry Hutcheson is a frequent speaker and national business consultant and author of the family is the founder of the family business of the United States. Henry has his own family business, Olan Mills and IBM, as well as a certified family counselor.
