The Three-Circle Model is a framework that has proven to be useful
in increasing our understanding of family businesses.
Source: Adapted from Tagiuri & Davis (1982)
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Compass for Entrepreneurial Families |
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Compass for Entrepreneurial Families |
Three domains are present:
To illustrate how these three domains interact we need to have them overlap with one an other.
Through this lens we can visualize the forces that are in play most of the time in a positive way but sometimes in a competing manner.
Once aware of this simple yet complex way of reading a family firm you will uncover many new perspectives that may not have been so obvious to you before.