How Does a Family Business Make the Transition from Entrepreneurship to Professional Management?

How Does a Family Business Make the TransitionNortheastern University
from Entrepreneurship to Professional Management?

Family Business Quarterly

More often than not, less smoothly and gracefully than everyone would prefer. That was the consensus of small-group discussions at a recent Executive Breakfast meeting of Northeastern’s Center for Family Business.

William Finard, president of Finard & Co. and thespecial guest at the meeting, recalled his own experience trying to professionalize the real estate business his father had started. “There was no support at all,” he recalled. “I had exposure to the family business all my life, but no experience in it.” More…

Enhance Your Business By Creating A Positive Culture

Enhance Your Business By
Creating A Positive Culture

Family Ink
Summer 1995

Editor’s Note: Stan Silverzweig, along with his partner, Nicholas D’Agostino of D’Agostino Supermarkets, has served as presenter on several occasions before the Rothman Institute’s Family Business Forum at Fairleigh Dickinson University.

The best way to enhance a business is to create a positive culture, according to Stan Silverzweig, president of Silverzweig Associates, a management consulting firm which specializes in changing and improving business cultures.

Silverzweig, whose clients have included Wal-Mart, The Disney Stores, Coca-Cola, Hoffman La-Roche and Exxon, claims every organization has “its unique set of indigenous culture norms.”These behavioral patterns, expectations consisting of an unwritten set of rules, have an immense impact on an operation, he maintains. More…