Doug Baumoel’s Story Based on an interview and article with Cornell University’s Smith Family Business Initiative Working for your family’s business can be a very rewarding experience, especially if it functions well. When it doesn’t, the experience can be...
Are you trying to figure out if your family-owned business needs a family business consultant? Family business consultants are uniquely able to help clients navigate through the complex issues that arise when family dynamics combine with management, ownership, and...
Identify and Develop a Successful Entrepreneur What makes a leader entrepreneurial? Many family business leaders, especially founders of family business, are eager to find an equally entrepreneurial leader in their family to become their successor. The paradox is that...
Family Member Employment Strategies Family employees can be a double-edged sword for the family business. They often display profound commitment to the enterprise, but if their employment does not work out for one reason or another it can be enormously disruptive to...
Cultivating Successful Family Business Leaders It has long been a tenet of successful businesses that regular and honest performance reviews are essential. However, in a family-owned business, employee reviews can be torture for both non-family and family employees...
