On January 14, 2025, Ateneo Family Business Development Center (FBCD) held a webinar on Integrating In-laws into Family Business. Dr. Queena Lee-Chua, a guest speaker in this webinar stated that sometimes it was not the in-law that was the problem but the family of the in-law. However, do avoid pillow talk about business as it can destroy the business due to different values, expectations, routines, and lifestyles. However, from her experience, in-laws can help mediate in family matters, can lend expertise, and are more accepted in Asia than in the West. Furthermore, there is a guideline that can be put in place to make the entry of the inlaws into the business seamless such as introducing in-laws into the business before marriage, and some even do a pre-nup. Plus spend time discussing with in-laws the family values, expectations, and business. And lastly, ask them about their values, routine, etc. Moreover, she also discusses ways to prepare a family to be ready for uncomfortable conversations like performance, promotion, or even firing a family member, while minimizing the impact on their
relationship. What an insightful talk from Dr. Queena Lee-Chua about in-laws in family businesses. For more details about this webinar please refer to the link below.
https://www.facebook.com/ateneofambiz/videos/1358283661834949