Family Involvement:

  • There are many ways a family member can feel that they are involved with the family based company. As the family moves down the generational path the roles and position of the members change but each will feel they have a stake in what was established by a forebear. This can lead to conflict and differences in what the company direction should take. Resolution requires the separation of of the operational components of the company from the family issues. Combine this with the fact that being family does not mean ownership and there is a melting pot of problems.
  • At WhiteSpaces MMS, Roger Powell has been trained as an Accredited Advisor by Family Business Australia to work through these potentially difficult situations to find and assist in finding a resolution to the problems.