Should Your Family Business Have A “No In-Laws Policy?”
Separating work from home and business from love is complicated in a family business. In any business, management should have a strong say in who works for the company, but management shouldn’t have a say when it comes to who marries whom. It is extremely important to acknowledge that bringing in-laws into a family business and getting it wrong can damage both the family and the business. And bringing the boardroom into the bedroom can quickly become a toxic situation in any marriage.
In this article from Harvard Business Review, Wingspan Founder Christina Wing tackles the question of whether you should have a frank “no in-laws” policy for your family enterprise, as well as 10 steps to take when you don’t want to exclude the in-laws but want to minimize the disruption.