
The culture of conflict in family business
Author(s) -
Juan Ortín García,
Pedro Juan Martín Castejón,
Carmina Pérez Pérez
Publication year - 2014
Publication title -
european journal of family business
Language(s) - English
Resource type - Journals
eISSN - 2444-8788
pISSN - 2444-877X
DOI - 10.24310/ejfbejfb.v4i2.5049
Subject(s) - family business , odds , business , competitive advantage , focus (optics) , public relations , industrial organization , sociology , political science , marketing , computer science , logistic regression , machine learning , physics , optics
Conflict is part of the human condition. Therefore, it is neither negative nor positive, but rather a natural phenomena. The negative connotations traditionally attributed to conflict are at odds with current theories that explain the use of the term as an engine of change and generator of competitive advantage. The fact that family business is defined by two different systems, the family and the business, can lead to the emergence of many conflicts, but it can also help a business be successful if it can correctly differentiate between the two. To this end, both parties, the family and the business, must keep their own interests at arm's length and focus on common interests and goals.