50 Common Causes of Family Business Conflict ... and how to deal with them

Fossilised Leaders.   

• Living longer,  later retirement:  personal / financial / alternatives.  

• Increasing numbers of businesses led by older people 70+.  Some good, many bad.  

• Fossilised:  all faculties, more risk-averse, less agile and able to make important decisions.  No desire for change.   

• Successors frustrated.  Employees terrified about security.  

• Solution:  real needs of older leaders need to be identified and addressed, with genuine sensitivity.  Negotiated outcomes (mutual interests) essential.