Effective family business communication is one of the fundamental aspects of building a smooth-running platform for success. Oftentimes, combining the dynamics of family and business can create conflicting messages, causing a family to confuse tasks. This can be one of the biggest mistakes families in business can make. Clarity of tasks between family and business is essential.
One of the most important keys to family business success is having well-defined personal boundaries. Family members must resist getting caught in the middle of a conflict between other family members. It's possible to establish a boundary by knowing what to say, and how to say it - without getting caught in the middle.
A successful family business is one that respects the privacy of the family members who work for the business. It's important to respect individual privacy as well as the privacy of each family unit in an extended family. By respecting the privacy of all family members, positive relationships can be maintained at work and at home.
