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In this conversation, Mark Dorman (CEO of Legacy Business Advisors) speaks with Michael Klein on how multigenerational businesses trap family members with the expectation of joining the family business.
Understanding & working through the psychology of talking to your children about finances is the focus of Dr. Klein's interview with Tom Henske. As always, Tom's style is entertaining, informative, and laser-focused.
Jeff, a former 1-on-1 client, describes his sudden departure from the family business in this half-hour interview. Sometimes, life decisions are made for you, without your input.
Listen to a discussion between Dr.Klein and Dr. Sharon Spano about the state of the workplace post-COVID and how family-run businesses should approach issues around succession and retirement.
Watch, or listen to, this casual and wide-ranging conversation about family, growing up, and how business challenges are unique in some ways, and very common in others.
Hear from Dr. Klein with Michael Braun and Emily Benson (two business professors and family business experts) on the strengths and needs of family businesses in the time of COVID
Watch an interview with Mass Appeal host Danny New as Michael discusses the psychology of teams.
Watch Michael talk on WWLP about coaching, why it is relies on psychology but is different than psychotherapy, and how it works.
Listen to a two-part interview about family business with Michael on the Successful Generations podcast hosted by Ellie Frey Zagel.
View this brief presentation about how people get trapped in family businesses, and what can be done to avoid it. Recorded at the Pioneer Valley Family Business Center.
Read an article featuring a mother/daughter team about the challenges and joys of being in a family business, as well as family business succession planning
Listen to a 25-minute interview on a variety of topics related to individual psychology, nature vs. nature, and different skills needed for different jobs.
Hear an interview from the UK as Michael and Russ Haworth discuss the pros and cons of working in a family business.
Ted and Karen, the hosts of the podcast "Its None Your Business," know what questions to ask since they each work in their own family's multi-generational family businesses.
Watch Dr. Klein's TEDx presentation on the enduring interest in psychometrics and its relationship to psychology and everyday life. Recorded live at the Deerfield Academy (2019).
Enjoy this short clip of a much longer conversation between Michael and Dennis Passis, founder of the Family Wealth Library. They discuss the backstory to Trapped in the Family Business, how folks get trapped, and more.
This July 2021 podcast (Tennessee Family Business Center) is the latest discussion of fit in family business; how to assess it, plan for it, and make sure it is a win/win.
This WWLP conversation on the psychology of family business highlights key areas to pay attention to when working in, or considering working in, a family business.
Enjoy this article by Dr. Klein on being trapped in a family business and how to manage these complicated situations. *This article was recognized with a 2018 Schulze Publication Award.
In this article by Mitzi Perdue, learn about the importance of thinking through and selecting an effective trustee for family businesses
Listen to an lively discussion about family business careers and dynamics with Ramia El Agamy Khan of Tharawat Magazine or read an excerpt from the interview.
In this authored article, Michael addresses the hidden bias that advisors to family business often have to keep the business intact and make sure it survives for future generations.
Although industry-specific (hearth, barbeque, patio), this article address the changing workforce and includes insights on why millennials hesitance to join a family business.
This four minute video clip includes how to spot individuals who might be trapped. If you are a trusted advisor to a family business, this clip includes a few key indicators to watch for.
A brief article on how to Bridge Generations in a Family Business. It includes key points related to early exposure, person/job fit and nepotism.
I wrote this article for BusinessWest magazine about the role and history of behavioral expertise and psychology in maximizing organizational performance in small businesses.
A comprehensive article on understanding and managing your psychology and emotional wellness at work, Scroll to the bottom to read my thoughts on causes and solutions.
A one-minute video highlighting the need to address emotional wellness/psychology/mental health in the workplace
This piece I authored for Smart Business Online details the values of having the next generation working somewhere else PRIOR to comingi not the family business.
Tough Choices for Succession in the Family Business - The New York Times (pdf)
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