When the family business is a sickness Kaye, Kenneth.
By: Kaye, Kenneth
Material type: ArticlePublisher: 1996Description: 347 - 368 In: Family Business ReviewSummary: When a shared business retards the life-cycle development of both generations, it may not be possible for consultants to restore their system to health as a family business, because it is unhealthy for such families to be in business together at all. Fantasies of saving their family business, or succeeding in passing it to the next generation, are misguided at best. The author argues that when parents' ego development is inadequate, normal individuation makes them and their children so anxious that the business functions like an addiction. A primary role of the consultant is to recognize such cases, diagnose them carefully, and intervene in ways that encourage the next generation to explore a wider range of options.Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles | Ahmedabad (HO) | (Browse shelf) | Vol. 9, Issue. 4 | Available | 020019 |
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When a shared business retards the life-cycle development of both generations, it may not be possible for consultants to restore their system to health as a family business, because it is unhealthy for such families to be in business together at all. Fantasies of saving their family business, or succeeding in passing it to the next generation, are misguided at best. The author argues that when parents' ego development is inadequate, normal individuation makes them and their children so anxious that the business functions like an addiction. A primary role of the consultant is to recognize such cases, diagnose them carefully, and intervene in ways that encourage the next generation to explore a wider range of options.
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