The family business is pulled in several directions. Individual family members involved with it will strive to create opportunities for themselves, as well as financial gain and rewarding relationships. Their desires and motivations will affect the company. Then there are structural conflicts between the operating principles of a family and their business. However, the two systems are interdependent: the family’s values and behavior affect the company’s policies and decisions; and the company influences family members’ careers, relationships and finances. The mingling of family and business systems in a family enterprise explains why drawing on both the psychodynamic and the family systems approach has proved to be extremely helpful in addressing family business issues that fall outside the boundaries of traditional management theory.
In this book, ideas from the psychodynamic and family systemic approaches are integrated with an existing body of literature on leadership to offer new perspectives on family business functioning.
Also Available in:
An edited volume of essays written by IGLC-INSEAD professors and leadership coaches, on diverse topics relevant to leadership development.
Published on 1 May, 2007
This book presents six in-depth case studies focusing on companies of vastly differing sizes, ranging from a newly privatised operation and the creation and organisation of an oligarch's empire, to several entrepreneurial start-ups in different service industries.
Published on 5 Sep, 2005
This book takes readers into the private worlds of Virgin founder Richard Branson, ABB's Percy Barnevik and British Petroleum titan David Simon to provide candid accounts of how each has managed to redefine organizational growth and development in the late 20th century.
Published on 17 Mar, 1999
This book sets out to change people and organisations for the better, by revealing the ‘dark side’ of leadership behaviour and its impact on performance.
Published on 12 Jul, 2006
Manfred Kets de Vries opens the doors of the family business wide open to give us a detailed look at the extra-rational forces that can influence leadership and organizational strategy and structure.
Published on 1 Jun, 1996
The book deals with how coaching interventions can drive a journey of transformational change at individual, team and organisational levels.
Published on 14 Jul, 2010
"Unconscious dynamics and impact on organisational life"
In this article the argument is made that unconscious dynamics have a significant impact on life in organisations.
Published on 1 Apr, 2004
This book introduces the work of a number of leading scholars interested in the clinical approach to organisational analysis.
Published on 19 Nov, 1991
"The Global Russian- an emerging leadership style"
This article describes organisation and leadership practices in Russia, and focuses on an emerging an leadership style the authors termed global Russian.
Published on 1 Dec, 2004
“Wealth doesn’t last more than three generations”
This blog looks at how successfully handing on a family business requires mastery not only of the business but also of the self.
Published on 1 Feb, 2017