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The Three-Circle Model Explained: Understanding the Family Business System
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Created in the 1970’s by professors John Davis and Renato Tagiuri of the Harvard Business School, the Three-Circle Model is a time-tested and oft-referenced tool for understanding the relationships between the owners, business, and family in a family business system. The Three-Circle Model helps us understand the multiple perspectives within a family business system, and why conflicts of interest can naturally arise among stakeholder groups.
Watch this short, informational video to help round your understanding of these critical relationships and gain insight that can help you manage the many hats you may be wearing—parent, child, owner, manager, employee, sibling, in-law, spouse, mentor, trustee, beneficiary, advisor, director, etc.
Watch this short, informational video to help round your understanding of these critical relationships and gain insight that can help you manage the many hats you may be wearing—parent, child, owner, manager, employee, sibling, in-law, spouse, mentor, trustee, beneficiary, advisor, director, etc.
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