What is Strategic Rivalry?

cropped-annie-spratt-gq5PECP8pHE-unsplash.jpg
– Siblings desire the attention, blessing and love of their parents. Rivalry exists if one feels that the other receives more attention, love and care than they do. In this way, sibling rivalry is tied to self-esteem. – Unhealthy sibling rivalry, where one sibling feels they need to compensate for this lack of attention, often plays out in high conflict over familial money, power and control of the business. – Strategic rivalry occurs in families where familial relationships are healthy – family members with high self-esteem know who they are, and competition is a net positive for the business.

This post originally appeared on The Family Business Voice.

Share this post

More latest news

Family Office Jobs

We’re highlighting some of the latest job listings on the Simple website! Whether you’re looking for a new role in wealth management, family office services,

Read More »