The health and culture of the company can also have an impact on the values and feelings of the employees in family enterprises. Here are some instances of how the long-term values and feelings of various family members may be impacted by health and culture in family businesses:
Parents: Parents who started or ran a family business may have put the company's success before their personal health and happiness in the beginning. However, as people become older, they might start to place more significance on their health and work-life balance, and they might realise how crucial it is to create a great and encouraging work environment for their family members and colleagues.
In-laws: New in-laws to a family business may at first feel alienated and find it difficult to assimilate into the family's traditions and values. They might eventually learn to value and embrace the family's distinctive culture, though, and they might even help to shape it in their own special way. The company culture and its emphasis on health and well-being may also have an impact on how they feel about the company and about their loyalty to the family.
Siblings: The state and culture of the family company may have an impact on the complicated relationships between siblings. For instance, greater connections between siblings who work together may result from a supportive and encouraging workplace environment that prioritises employee health and well-being.