Hi,
I have friends who were bookended by neighbors with teenagers. One household was quiet and orderly. The other family was noisy and argumentative. Later the argumentative group was more bonded and visited their parents more often. The kids in the quiet family were almost never present after they grew up. They suggested in all that arguing they were communicating better, though it didn't seem like it earlier.
The Cheng children have done very well through all their arguing. They have conquered social media to move their business along. Made Peking Duck a hot item in their restaurant. Moved their business into new space, which they oversaw personally the make-over. The baptism by fire they experienced very likely provided a greater sense of ownership over a business founded by their Dad. For second generation owners, they are doing quite well.
There is help for family businesses negotiating personal and business relationships. Loyola University has the
Family Business Center dedicated to this. The family who own Nielsen-Massey Vanillas have been long term participants who felt it strengthened their business. Just doing a quick look I see the Glunz family are also involved, who are in wine and beer.
Since 1990, the Family Business Center (FBC) has been dedicated to strengthening multi-generational family businesses of varying sizes, industries and complexities. Through research, education and networking, the Center provides a unique community where family business owners can find support, learning and guidance on the complex challenges they face. These innovative programs provide members the opportunity to share knowledge and cultivate synergies with one another to push the frontier of family enterprise to new levels.
Regards,