The Family Business

The Family Business – and the more classical sense of the term: Family Business – combines complex structure of relationships which interact in three dimensions: the Family, Property of entrepreneurship and management. Then we identify those who are located at the intersection of two basic dimensions, namely: – Those who are part of the family and they own but do not participate in the management of the company. – Those who are part of the family and participate in the management of the company but do not own. – Who are the owners and participate in the management of the company but are not part of the family. – Finally we identify those who share the three dimensions are part of the family, own and participate in the management of the company. This model facilitates the analysis of interests, beliefs, values and family legacies that are shared by each group of stakeholders. In countries dende work has been carried identification, family businesses represent a large percentage of existing businesses.In Spain about 70 of companies (as represented in a statistical sample of 80 of the universe of companies) were family firms. These companies billed 61 of the total sample using 62 of the workforce. With the passing of time, families grow and the increasing complexity of family relationships (from babies to adults, couples and children, separations, etc..) Cause significant growth pressures that the system imposes on the family business system. For this reason family businesses mortality is very high. In the U.S. 30 of family businesses survive the second generation and only 17 survive the third generation. Our job as consultants is focused on helping corporate family to help them create different levels of relationship (Government Bodies) to avoid collapse of the company by the complexity of the relationship and in turn allow the company thrives on family values, basic pillars that rise to its creation. Roberto Talent Executive Coach Talent Development Innovation and Talent Consultants

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