It’s tough to make thoughtful decisions when emotions are high in a family business. Humans typically respond in one of four emotionally unhealthy ways when emotions flare: they fight, they flee, they freeze, or they appease. Reason is hijacked.

Imagine the founder of a family-owned winery is nearing retirement age and needs to choose a successor among his three children. Each child has a different vision for the future of the winery—and each desperately wants to take over. The founder feels overwhelmed by the possibility of choosing one over the other. That could lead to resentment or division within the family. So, the founder postpones the succession planning indefinitely. He freezes.

What can be done to help a founder like this make thoughtful decisions when emotions are high in a family business?

Be sure to click through to Cathy Carroll’s article, “How to Get the Results You Want in a Family Business.” Cathy, founder of Legacy Onward, Inc. and a seasoned expert in family business dynamics, explores the complex interplay of emotions and decision-making in family enterprises. She provides crucial tools to make thoughtful decisions when emotions are high in a family business.

Read about how to make thoughtful decisions when emotions are high in a family business here.

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