Through my experiences, I have found that those companies with a successful culture have two things in common.
Originally appeared on MichiganMomLiving.com: Do and Dont’s: Preparing Kids to Take Over the Family Business Too many family-owned business leaders put more energy into passing on wealth without passing on the secret sauce – the […]
Organizations will need to hire individuals with diverse conative strengths (in all four Kolbe Action Modes®) in order to build synergistic and innovative workforces.
Research at the Family Business Institute states that only 12 percent of family owned businesses make it to a third generation.
When family members come into a business, they need to be able to add value to it—and the business needs to add value to their lives.