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Communication Problems in the Family Business

Business Communication

Title: Communication Problems in the Family Business

Essay , 2010 , 28 Pages , Grade: A (1,3)

Autor:in: Stephanie Olbrich (Author)

Business economics - Offline Marketing and Online Marketing
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Summary Excerpt Details

For family businesses, effective communication is an even more integral factor for successful business operations due to the peculiarity that personal (family) emotions frequently interfere with business decisions. Family businesses often have to struggle with conflicts among members of the organization, low managerial abilities, interfered daily business activities, and customer relationships that suffer from the lack of structure and poor communication.

The research provided in this paper shows that small family businesses face similar problems, whereas effective communication is the most frequently mentioned issue regarding the need for improvement in family businesses. This paper considers the importance of common expectations and values to guide family members, thereby eliminating areas for dispute. Other important findings are that leadership training and structured responsibilities (clear work roles) make the management more congruent and improve managerial communication; well-managed employees, who have direction and know about priorities, affect business activities positively; and that a professional appearance of the family business has a positive impact on customer relationships.

The conclusion presented at the end of this document states that once the family business has successfully implemented an effective organizational and information communication scheme that includes emphasis on family values, then the business will be able to make use of the particular advantages a family business can have.

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Details

Title
Communication Problems in the Family Business
Subtitle
Business Communication
College
Pfeiffer University, Charlotte Campus
Course
Business Communication
Grade
A (1,3)
Author
Stephanie Olbrich (Author)
Publication Year
2010
Pages
28
Catalog Number
V162972
ISBN (eBook)
9783640780990
ISBN (Book)
9783640780969
Language
English
Tags
Communication Communication Problems Family Business Family Owned Business Problems Statement of Problem organizational communication information scheme business activities managerial abilities customer relationships areas for dispute Business Communication
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GRIN Publishing GmbH
Quote paper
Stephanie Olbrich (Author), 2010, Communication Problems in the Family Business, Munich, GRIN Verlag, https://www.grin.com/document/162972
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