Conflicts and paradoxes that occur across and within family business stages and cycles.
The company's founders have a high standard of demands for their children compared to other employees. On the other hand, company employees are biased towards the second and subsequent generations of owners and their relatives who came to the company. Finding yourself between two fires - this paradox always leads to conflict.
Alderson, K. (2015), "Conflict management and resolution in family-owned businesses: A practitioner focused review", Journal of Family Business Management, Vol. 5 No. 2, pp. 140-156. https://doi.org/10.1108/JFBM-08-2015-0030
Your post highlights the conflicts and paradoxes inherent in family businesses, particularly regarding the high expectations placed on founder's children and biases towards subsequent generations of owners and their relatives within the company. You make a descriptive observation about the challenges faced by family businesses across different stages and cycles, which is relevant to the theme of our discussion.
Your inclusion of a citation from Alderson (2015) adds value to your post by providing evidence from a published, peer-reviewed source. This enhances the credibility of your argument and demonstrates a willingness to engage with academic literature on the topic of conflict management and resolution in family-owned businesses. However, your post could benefit from further analysis and synthesis of the concepts discussed in the cited paper.
While you touch upon conflicts and biases within family businesses, your post remains somewhat myopic in its focus, as it primarily addresses a single aspect of the broader theme of conflicts and paradoxes across family business stages and cycles. To improve the analytical depth of your post, consider elaborating on other dimensions of conflicts and paradoxes that arise in different stages of family business development.
Additionally, your post would be strengthened by providing real-world examples or case studies illustrating how family businesses have navigated conflicts and biases in practice. By offering concrete examples, you can enhance the applicability of your insights and provide readers with practical takeaways for managing similar challenges in their own family businesses.