More often than not, family business conflict stems from a mutual desire to protect the business. All parties involved want the business to succeed, to create long-lasting wealth, and to provide equal opportunities for current and future generations. They simply don’t agree on how to achieve these goals. Often, they start to see one another as a threat to those goals.
That’s why Doug Baumoel and Blair Trippe created a new conflict management model: the BT-TK Model. This model takes the fundamentals of the TK Conflict Model (established in the 1970s) and extends it to the emotionally charged, highly complex conflict situations that trouble family businesses today.
Learn more about each conflict model in this article—and see how the BT-TK Model is applied to conflict scenarios.
Become a Member for Your Expertly Curated Advice
Joining the Family Wealth Library means access to the information the legacy builders need to navigate family dynamics and protect our wealth. We can keep what is ours by managing familial challenges and building trust and transparency.