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You are here: Home / Succession Planning / Healthy Families and the Disney Magic

Healthy Families and the Disney Magic

February 20, 2011 By mco Leave a Comment

Kismet is defined as fate, destiny. Michael Frayn is a playwright and novelist. His most recent work is, My Father’s Fortune. Frayn began this memoir shortly after his Dad passed. One of his children began to ask questions and sad, “We wish we knew more about your Dad, Dad.”

Effective business — family business or closely-held business — like any business or family need to have a plan, an awareness so all the members can be at peace with the plan. Trust is a key to every plan, to every design. Conflict can challenge that trust.

Conflict comes in many guises. There are conflict types in literature, man vs. man, man vs. nature, man vs. machine and man vs. destiny. Intrapersonal conflict only involves you, it’s an inner conflict. This can occur when we are forced to choose between to goals, directions and sometimes requires outside professionals. Interpersonal conflict is very common. Effective business must manage limited resources and a line the goals towards a single success point. In business it might be a Board of Directors, a Family Council or a Team; needs empathy, equality and Spontaneity.

Intragroup and intergroup conflict can also damage trust. Damaging conflict involves criticism, Neutrality; indifference is a lack of commitment. Conflict honest, intelligent challenges of the thought process are healthy. Some of my Fathers fortune, the treasure he left to us was a few points about people and projects. Early on we learned who was responsible for what tasks. There was never any confusion; each of us children had specific tasks.

Years later I read this was part of the Disney Magic. Would you believe at one time in the Magic Kingdom, Kid’s meals for exact same item had different prices at different points in the park? This was changed. There was a little confusion about who was responsible and customers are treated fairly and consistently. For details about Creating Magic at Disney click here.

Many if not all of our Fathers have left us an exemplary legacy.

Kismet is defined as fate, destiny, or the will of God. This fortune maybe he greatest of gift we have ever received. Life, the way to hold someone you love, how to encourage, challenge and correct — a priceless treasure.

The fortune. In a closely-held company, a private firm, it is part of our responsibility to preserve the core, honor the legacy, change, grow and adjust!

All the runners in a race compete, only one wins; run to win!

Do you have a comment or a story you can share, please do so below. Thanks!

Filed Under: Succession Planning Tagged With: closely held firm, disney magic, family business consultants, family business planning, trust and conflict

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