The premier resource for family business executives featuring the latest family business news and research articles from the leading universities and business publications.
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
We’ll Never Do That Again: Taking the Temperature of Your Family Business Culture
We thought we had pretty thick skin until we received responses from our Employee Opinion Survey.
When was the last time you asked your employees how they thought things were going? We had just come off an unsuccessful union organizing drive in our family business by a small faction of disgruntled employees. Even though the union wasn’t voted in, it made us aware of some employee issues that needed attention to improve the culture of our company.
Family Business Leadership – Do You “Really” Want to Run the Show?
My brother and I were next in line to lead the family business, but it seemed neither of us genuinely wanted the position.
Three years apart in age, we never felt any real competition between ourselves. I assumed he would eventually lead the business because he was the older child and had a few more years of experience on me. But we never discussed it, never competed for it, it was just an unspoken assumption.
