At What Point Do You Solve a Problem or Live With It in Family Business?

During our January Roundtable discussion with 14 expert Family Business leaders, Dennis Passis shared his story and modeled what Kim described as  "confident vulnerability."   Then Vijay shared the following...

"I had a case exactly like this, Dennis, with two brothers.   It's a long story, but it leads to two questions. One:  Is there a point of intervention at which this could have been prevented?

The other one, my mentor once told me long ago, is based on the observation that  "there are problems to solve and there are problems to live with."  I know so many cases like this case...

I'm thinking of two brothers, they were never going to get along since they were young. And the father kept using counselors and counselors and counselors.  One of those counselors was my former student who was a Vistage chair. And he brought the best thinking to bear and it went no place. This guy who was troublesome was cast as the bad guy.

The point is, I asked the dad finally, "Do you think this problem is one for solving? Or is it one for living with?"

And he said, "I never thought of that, but I just kept trying other consultants."  

So my question is:  At what point do you reach that conclusion of stop trying to throw more consultants at something that is never going to work?"

For the full transcript and details responses, please join us at https://www.familybusinesscollaboration.com/introduction