The premier resource for family business executives featuring the latest family business news and research articles from the leading universities and business publications.
Internship Interrupted: Preserving the Value of a Summer Internship in Today’s Pandemic Reality
What is one to do if this key source of development is—like so many other things—disrupted in today’s context of a pandemic and down economy?
Preparing the next generation (Next Gen) is a critical step on the path to succession in a family business. There are many ways to create development opportunities, starting with exposure in “small bites” from a young age, in age- and stage-appropriate ways. Think: formal education programs, or spending time in the proverbial “mailroom” (or its equivalent), or accompanying a family member on a job, and more.
Help! I’m Working for a Non-Family CEO in Our Family Business
He pushed me beyond my comfort zone, but I liked it.
At first, we were concerned, that hiring an outside CEO would feel like a loss of control. But in a strange way, we almost felt a sense of relief. Relief that the family could tap into a resource that could support us in growing the business through fast growth.
Keeping the Family Business Innovative
Either be on the table, or be on the menu
Turning a family farm into an amusement park, a funeral home that doubles as a wedding chapel, or a furniture store that has an IMAX theater. Even the most ordinary businesses can be innovative
