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Managing Generational Differences
This isn't your father's world.
Are generational differences creating conflict in your family-owned business? Generations differ in how they define: work ethic, respect, feeling valued, motivation and values.
A generational conflict might start like this. The 65-year-old family business founder made many sacrifices to build a successful business. He worked 60 - 80 hour weeks; missed Christmas concerts, T-ball games, and school conferences; he worked weekends; and didn’t have time for community service. The next generation values a “work/family balance.” Now, his son leaves work at 4 p.m. to coach his children’s soccer and basketball teams. The man's daughter recently said she and her husband decided she would no longer work on Saturdays.
How do you manage family business relationships when there are conflicting work ethics, dissimilar values and idiosyncratic styles?
With proven results, Jensen Consulting has the experienced consultants and tools to help your family business navigate generational differences so you can maximize your success.
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