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This paper explores the complex dynamics of relationships within multi-generational family businesses. Grounded in psychological, sociological, and strategic perspectives, it draws upon theories such as role conflict, MBTI, FIRO-B, Carl Jung’s archetypes, and Stephen Covey’s framework to understand the dual contexts of business and family. By synthesizing scholarly insights with practical wisdom, the paper highlights the determinants of effective relationship management and proposes strategies for cultivating emotionally mature, resilient, and successful family business systems.
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"Nurturing Relationships in Family Businesses: A Psychological and Strategic Perspective", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 8, page no.a53-a55, August-2025, Available :http://www.ijrti.org/papers/IJRTI2508009.pdf
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2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator