The Three-Circle Model not only helps identify where in the family business system issues are occurring, but also helps to diagnose why issues have occurred or spread from one circle to another. Using the 3 circle could cause a conflict within the business if not used appropriately. The idea of family business and Agency can trigger disputed as the Principal and the agents have their own self interests, eventually affecting the business operations and development if the firm.
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Family Business Labs
"The Successor's Paradox"
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