(BY RAJIV AGARWAL from ForbesIndia.com as originally presented by SP Jain Institute of Management & Research, Mumbai.) I was addressing a group of entrepreneurs and their children when one of them asked me an interesting question. The potential successor of a...
Conflict is inevitable, especially as you begin to transfer governance away from yourself to others. These other decision makers will begin to make their own decisions which may or may not be congruent to the decision that you would have made.
Ryan Sung, son of Honolulu Cookie Company founders Keith and Janet Sung, has been named general manager, establishing him as the incoming leader of the family-owned business.
When it comes to giving back to the community, UTRGV student Jesus Basañez learned from some of the best. His grandmother, Ernestina Notargiacomo, started the ball rolling. Then her daughter (and Jesus’s mother), Bonnie Notargiacomo, followed. Now, it’s Jesus’s turn.
Three venerable central Ohio businesses share their secrets to longevity.
At a certain level of wealth, money makes parenting harder, not easier.
If approximately 70 percent of all businesses are family businesses, and two out of three don't survive to the next generation, what can you do to make sure your business will survive and thrive?
Sons in the Shadow explores the dynamics of family relationships in businesses both large and small about which relatively little has been written.
Preparing the next generation to inherit the family enterprise is the single most important determinant of a successful generational handoff.
Stop rushing into businesses born from half-baked ideas, misguided theories, and other forms of self-delusion.
Much of the advice we’ve been told about achievement is logical, earnest…and downright wrong.
Generation to Generation presents one of the first comprehensive overviews of family business as a specific organizational form.
This book will help HR managers and founders/owners develop a formal process within the company and also provide insights from family firms on how to manage sensitive topics ranging from family member compensation; family member appraisal, etc., and serves as a guide to HR managers struggling to get a "seat at the table" in family firms.