Conflict is inevitable in human relationships, both personal and business. Conflict occurs when two parties disagree over a particular issue, which results in separation and a lack of common ground to ...

Conflict is inevitable, but how you handle it in a family enterprise is a choice. Last May, Arthur Demoulas, CEO of the iconic family-owned Boston supermarket chain Market Basket, was put on leave by ...

When you find yourself in a conflict, it’s easy to feel like there’s no gray area for resolution. But not all “right” opinions or “wrong” viewpoints are created equal. Even if you’re only 5% “wrong,” ...

Owners of family businesses sometimes find themselves spending more time working in the business than working on it, specifically on ensuring its longevity. These competing interests can devalue or ...

When legal and business teams work side by side—from drafting to due diligence—they tend to catch risks others might overlook ...

According to Nicholls-Germain, forgiveness has a critical role to play in the conflict resolution process and the restoration of healthy relationships. Beyond that, learning to forgive can have ...

1. Establish clear roles and responsibilities. One of the primary sources of conflict in family businesses is the ambiguity of roles and responsibilities. To mitigate this, it’s crucial to establish ...

As with many employment issues, the best approach is to plan ahead by developing sensible policies, and then carry out that plan by applying the policies consistently and uniformly to all employees.

Last May, Arthur Demoulas, CEO of the iconic family-owned Boston supermarket chain Market Basket, was put on leave by the business’s board, including three fellow shareholders—his sisters—when they ...