When you build a family business, you imagine the day when one (or more) of your children join the company. As many siblings will tell you, childhood is often a mix of fond bonding moments with the occasional argument, teasing, stolen toy, and irritation sprinkled in. We may be family, but our personalities can clash.
Many of these differences remain as siblings grow into adulthood—and these issues can add strain to a company. A recent article by Wealth Management demonstrates how identifying conflict resolution styles can help siblings learn to work effectively together, making sure the family business is not marred by internal conflict.