FAQ (Frequently Asked Questions)

Q1: What is a business psychologist?

Business psychologists have specialized training in both the psychological arena, particularly family functioning, and the business management arena. Business psychologists intimately understand that a business, particularly a family business, has intrinsic needs and unique goals. Business psychologists address both the interpersonal needs of the family and the economic and strategic goals of the firm.

Q2: Are the advisory services of a business psychologist the same as psychotherapy or family therapy?

No! A business psychologist is uniquely prepared to address issues specific to the business environment. As an advisor, a business psychologist will uncover core issues that may prevent a family business from operating at full efficiency and profitability.

Family therapy, on the other hand, is focused exclusively on interpersonal needs including nurturance, acceptance, independence and a sense of belonging.

Family businesses must simultaneously serve the needs of the family and the goals of the business. At critical times, these two sets of goals can be diametrically opposed and seemingly impossible to simultaneously meet.

Family business advisory services help family business owners clarify and implement their strategic business needs while simultaneously addressing the needs of the family to ensure friendly relations between relatives while maximizing business value.

Q3: What are the advantages of a licensed psychologist?

Licensed psychologists have specialized knowledge and training in human behavior, assessment, interpersonal relations and problem solving. They have completed doctoral level training programs. In addition, licensed psychologists are legally and ethically required to maintain your confidentiality and privacy.