LibraryScenariosWhen family business decisions expose deep philosophical differences about risk and legacy
Scenario

When family business decisions expose deep philosophical differences about risk and legacy

Our family business has always been conservative and steady, but my brother and I have completely different visions for how aggressive we should be about expanding into new markets. Every board meeting turns into a philosophical debate about whether we're honoring our grandfather's legacy or betraying it, and our cousins are getting exhausted by our inability to find middle ground.

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More people experience this than they realize.

What we've seen

Multigenerational enterprises become laboratories for working out competing philosophies of prudence, growth, and stewardship.

Ideas that help explain it
Worth thinking about

“Where Are You with Risk-taking — philosophy and psychology?”

If this sounds familiar, the Library can help you find the bigger picture.