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The importance of ethics within a business
Doing business ethically
Doing business ethically
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Hiring In-Laws: A Bad Idea
Many successful small businesses have been ruined by bringing in-laws in to the family business. As these in-laws struggle to establish a voice in the company, meaning well, they often wind up destroying them. As the owner of the family business, it is your job to avoid situations that could hurt or hinder your business. In this case you should assume a few often overlooked points:
When approaching your business, never think of it in terms of one happy family.
Never assume that in-laws will be grateful to benefit from the opportunities the business offers. Rather, they often feel guilty and incompetent thinking they would have never gotten the job if they weren't family.
Even in-laws with terrific ideas for the company will disrupt the business, the family, or both.
In-laws will struggle from day one to try to prove themselves to you. Even at family outings they will often engage in business talk to promote their worthiness and creativity. The O'Shea Family Business
To further illustrate the risks of hiring in-laws into a business we will use a real life example, the O’Shea family. The O’Shea family business was fairly simple. They owned a clothing manufacturing company that made camouflage apparel. They were contracted suppliers of clothing to the military since the business opened its doors during World War II. Daniel O'Shea, the company president, was earning a "comfortable living" in 1970 when began making plans to select his successor. His two daughters had no interest in the day-to-day operations of the company. As a result his decision to choose his son, a levelheaded recent M.B.A., was easy. His name was Sean. Sean knew the business very well, and the company grew from his good business sense. He was young and energetic, helping the company to increase profits almost 50% in his first 2 years while at the helm. This meant bigger monthly checks for the family members, and no one argued against that. The business began to grow and so did the need for personnel.
Sean made a big mistake only 5 years into his career. With the insistence of one of his sisters, he hired an in-law. It was against his better judgement, but he figured he could place him in a job were the family ties would not cause any problems.
Another aspect of the film that depicts a positive image of family is the family’s support for Wayne. Although Wayne is serving an eight year prison sentence for armed robbery, Darryl, Sal, Tracey, Steve and Dale are still proud and supportive of him. Dale regularl...
The abuser, Kevin, was Erin’s husband. He was a police officer who used his job connections to escalate his abuse. Kevin was a heavy drinker. He drank at home, but also on the job; he kept a water
His nephew is his ultimate downfall. The rule number one in business: never mix family and business.
Sean, Cara's boyfriend, is orphaned, left to live with his uncle after both his parents passed away. Sean is "buff", training hard to become a great baseball player so he can live up to his...
Dadi speaks on the importance of the mother in law, the mother in law was to be respected in any way possible when you were a new daughter in law. If the mother in law was not respected the husband would teach the wife a lesson for not respecting his mother. Now, daughter in laws exert their power towards not only their mother in law but also their husband. In early era, daughter in laws used to fear their mother in laws as they were not to speak up for themselves on how they were treated, as Dadi explains. As times has changed we see a difference on how Dadi speaks on her experiences to what we see now with the interaction with the daughter in laws and her family in law. We see Darshini as someone who speaks up towards her mother in law. Darshini feels the amount of work they have to do is all because of Dadi. Dadi is also seen talking poorly on her daughter in law Sita, and Darshini is quick to put Dadi in her place and tell her to stop and get back to work. The use of speaking back to one’s mother in law is one huge difference on how women were timid and how times have changed, daughter in laws have become more out spoken and confident to talk back. Dadi expresses that no one listens to the mother in law now. If the same energy was used in Dadi’s era, the women would quickly be beaten for being disrespectful. Dadi let us know that
Meghan’s family consist of her Mom (Beth Anne), Dad (Doug), Twin sister (Jessica), Brothers (Jack and Michael. The only people that are currently living in there house is her Mom, Dad and two brothers. Her sister and her are currently away at college. A few of the main questions I wanted to ask her before asking about her brothers was questions about her family. I wanted her opinion of her family. These questions consisted of what are the family strengths and weakneese, who has more parental roles in the family, and what is a typical day like in her family. Meghan stated that her family strengths are staying positive in any situation no matter what the situation is and their weaknesses are admitting if they need help early on, They like to fix thing internally and then it comes to a point that they can’t manage it there selves. For the parents roles, Meghan said that her Mom makes most of the decisions for the family. Her dad is the breadwinner of the family but is still involved. Her moms makes and plans the decisions for transportation, education, medical, and other services. Both parents share
...efs at all costs, even her own life. Should you succumb to power, you are only showing weakness for your own beliefs. Sophocles proves that law can be interpreted various different ways and there are difference between moral laws and self-made laws. Despite either, there are obligations one holds as a citizen and others one holds as a family member. However, these can get intertwined and tangled which conflict arises.
The Williams family is one crazy family full of hustlers, drug dealers and gangsters. My generation of the family is nothing like the older generation. My family tree started in 1945 with my grandfather grew up in a foster home. However, he told me growing up in a foster care was very tough, you didn't have nobody to look out for so you had to look out for yourself all times. After 15 years in foster care he move out to start a career and try to make career for himself. It's now 1971 my grandfather had his first child, Jermaine Williams, that's my uncle. My father wasn't born until 1975, my father use to tell me my grandfather was very hard on them. He only was tough on them because he grew up in a hard environment. My father did not like him at all, my grandfather end up dying in 10 years later after he had his last child my auntie Meme.
Does family matter? Yes- family always matters. It is necessary to have some sort of family structure in order to have a stable foundation. This need for stability and structure is how the family survives and the children find safety. In the movies The Godfather and Scarface we will discover how the two differ when it comes to family and family business. These two patriarchs have different views on family and how the family is involved in the business. In this discovery one struggles to gain and maintain power- but looses everything in the process. While the other maintains the family through peace negotiations and understanding business and revenge can not always go hand and hand in order for the family to survive.
Make sure the family understands the importance of open dialogue between family members. This will help with unresolved feelings.
The marriage stage in the family life cycles see one joining to another family to form a new family system. Then there is the adjustment stage within the marriage that speaks to some common areas of combining finances, their lifestyles, hobbies, sexual compatibility, and relationship with the in-laws. In the marriage stage the ultimate goal is to achieve interdependence that happens when you are fully able to enter the relationship with another person. The skill you learn from the marriage serves as a foundation to begin building other relationships such as parent – child. (www.google)
There are times they are so angry with the boy’s mother it causes conflict with the boys then I remember this is not their fault. This obliging creates another problem. There are other times they are so busy obliging Anthony or Jay they completely neglect my own family this causing conflict with their boys.
When those things happen, the stress on the family can take a toll and lash out to others who are not to blame like children or even towards the spouses. There are four tasks that can have dysfunction on a family (1) not being able to complete a task, (2) Not being able to deal with tasks that are not being started. (3) Not being able to deal with a crisis that is going on within the family. (4) Not being able to deal with other cultures. All of these can start to get to a family, if you do not know how to deal with a crisis and talk it out, all you going to do is cause the crises to get bigger than you will not be able to fix
They are the ones who support their children during those life decisions. Family is not always blood related. Finally, family is forever, family will never go away. Support is a massive part of the family. Family watches their kids and other family members fail and succeed all the time.
Ward, J. L. (2004). Perpetuating the family business: 50 lessons learned from long-lasting, successful families in business. Palgrave Macmillan.