Chapter
Family Dynamics in Business
04:11 - 08:42 (04:30)
Family businesses seek socio-emotional wealth and financial wealth. Research shows that family firms have added stress as employees face unpredictable behavior from bosses, who are also family members.
Clips
The concept of socio-emotional wealth in family businesses goes beyond financial success and includes emotional benefits, which can lead to more stress for employees and the potential for unpredictable behavior from family members in leadership roles.
04:11 - 07:43 (03:31)
Summary
The concept of socio-emotional wealth in family businesses goes beyond financial success and includes emotional benefits, which can lead to more stress for employees and the potential for unpredictable behavior from family members in leadership roles.
ChapterFamily Dynamics in Business
Episode“Narcissist, Taker, or A**hole” (with Adam Grant)
PodcastHBO's Succession Podcast
Narcissism is not predicted by being neglected as a child, but by being fed with high ego from parents which results in high but extremely fragile or unstable self-esteem, as per a paper published in the Journal of Personality and Social Psychology.
07:43 - 08:42 (00:58)
Summary
Narcissism is not predicted by being neglected as a child, but by being fed with high ego from parents which results in high but extremely fragile or unstable self-esteem, as per a paper published in the Journal of Personality and Social Psychology. To get to the truth in a company's crisis or scandal, the only way is to see the dynamics in action.