The Three Different Flavors of Family Businesses<br />Trump said that The individual culture says, ‘Go off on your own.’ The harmony culture says, ‘You<br />have an obligation, if you’re called by the family.’ The honor culture would say, ‘You’d bett<br />All three cultures, as Dr. Jaffe and Dr. Grubman see them, are valid ways to run family businesses.<br />As these psychologists explain in their book, "Cross Cultures: How Global Families Negotiate Change Across Generations," an appreciation of these three paradigms can help ease the dynamics between older<br />and younger generations, who may have grown up in different cultural milieus, and between business partners from different parts of the world.<br />" Dr. Jaffe said. that The fear was, if they work together, the thing will decay,<br />" Dr. Jaffe said. that The easiest mechanism to keep things organized is a very small group,<br />Grubman said that The relevance of this is when you have family enterprises around the world,<br />and they grow out of places like Greece or Brazil or Dubai,
