The Family Business Executive Forum: Sibling Rivalry in the Family Business

Sibling Rivalry in the Family Business: The Quest for Equitable Ownership, Involvement and Resilient Relationships

The issue of sibling dynamics in a family business is one of the most common causes of family tension and delayed decision making. You may find yourself grappling with the nuanced balance between equal and fair when it comes to the involvement, ownership, and roles of your children in the business. Beginning to unravel this delicate and deeply personal issue requires respect and acknowledgement of the distinct perspectives of parents, children, and siblings. 

Join us at our next Family Business Executive Forum, where we dive into the heart of sibling complexities in family businesses, unraveling case studies and real life stories of discord and subsequent transformation. You’ll be provided with insights from three tenured family business advisors with their unique combination of family business advisory, family legacy guidance and business psychology. 

What We’ll Cover:

1. Discerning Equality and Fairness: We will delve into the delicate art of differentiating equal from fair, especially when it involves ownership and power dynamics among siblings, exploring the intricate web of expectations, aspirations, and contributions that shape perceptions of fairness within a family business.
2. Fresh Wounds and Long-Lasting Rifts: We will talk about strategies to navigate sibling conflicts, whether they are fresh wounds or long-standing fissures. Through real-life scenarios, you’ll learn to address the roots of discord and foster meaningful resolutions.
3. Restoring Sibling Bonds: We’ll provide actionable strategies to reshape sibling relationships, even in cases of chronic conflict by exploring transformative approaches that help shift entrenched narratives and bring about positive change within the family dynamic.
4. Navigating Emotional Terrain: We will talk about understanding the importance of empathetic relating and advising as we tackle complex family dynamics, discovering how to acknowledge anxiety, hurt, and past grievances while crafting solutions that promote healing and growth.
5. Differing Parental Perspectives: We will provide insights into the often contrasting viewpoints between parents regarding the distribution of ownership and power among their children, so you can understand the underlying motivations that drive these perspectives and learn strategies to harmonize these divergent viewpoints.

We’ll go beyond the surface to uncover the layers of complexity that shape sibling dynamics. By exploring diverse perspectives and sharing real-life stories, we’ll equip you with insights and actionable strategies to take home immediately, so you can foster resilient sibling relationships and drive your family enterprise forward. 

The Family Business Executive Forum is a series of exclusive virtual gatherings designed specifically for family business leaders and their advisors. These forums serve as a platform to bring together the best expert advisors from around the world to share their insights on the most important topics in family business leadership.