Tag Archives: entitlement

WHO Knows WHAT and WHEN – A Key to Not Hurting Feelings

A common challenge for family members in business together is communication.  How well family members are communicating impacts the family’s ability to work together effectively, a capability that is foundational to healthy families and healthy businesses. One key to effective … Continue reading

Share
Posted in Conflict & Communication, Uncategorized | Tagged , , , , , , | Leave a comment

The Entitlement Snare: Exploring Our Boundaries (Part B)

Parents in North America are caught in a dilemma. Baby boomers have more money than previous generations and one of our core cultural values is to give to others.  Naturally, parents form the notion that “we have money so we … Continue reading

Share
Posted in Compensation | Tagged , , | Leave a comment

The Entitlement Snare: How Entitled Attitudes Develop (Part A)

Entitlement is one of those sticky and sensitive issues in family business. Entitlement is a difficult subject to raise because it creates defensive (and offensive) behaviors in family members. When most families start talking about entitlement (if they talk about … Continue reading

Share
Posted in Conflict & Communication | Tagged , , | Leave a comment

Protecting Next Generation Often Has Opposite Result

I’ve recently been dealing with a number of family businesses where the “next generation” is already in their 40s and even 50s and whose parents are “protecting” their children.  Protection comes in several forms:  providing lots of money; bailing them … Continue reading

Share
Posted in Next Generation Development, Paradox | Tagged , , , , | 1 Comment