Sponsored The economic and natural disaster does not spare family businesses that are running for generations. They are an unpredictable threat that strike one without considerable warning. The economy is already facing a tough financial time and so to seek… Continue Reading
When one looks at family business strategy the most important thing that can put it in context are, values and vision. In order to truly understand how a certain company functions you have to look at these two points. A… Continue Reading
Family business systems are a complex system. Generally, family businesses having large group of people means diverse views and relationships. The differences of interests, age, life situation and also occasional disagreement from time to time may be seen in such… Continue Reading
Business performance depends on capable and skilled people in a team and this is also applicable to family businesses. Many family businesses have the necessary vision to consider their family members ready to take the challenge. However, in such cases,… Continue Reading
The importance of family businesses can be judged from the fact that almost 35% of the Fortune 500 companies are family controlled public or private businesses. The major issue for the continued success of these family businesses is a proper… Continue Reading
The realities of today’s world often come head to head with what managers are being taught in schools. More than that family business management is not always the point of focus for management schools. That is to the detriment of… Continue Reading
In a world of multiculturalism and geographical diversity people are starting to see that buying from multinational corporations isn’t all that’s hyped up to be. The importance of family businesses is quite shocking in itself because of the difference in… Continue Reading