Professionalizing the Family Business
July 14. 2020
The culture and structure of a family business is organically unique. Most family-owned companies reflect their founder’s ambitions and personal values. Successive generations preserve and cement these values as part of the organization’s culture. However, to grow and evolve, families need to step beyond the clan. Recruiting, retaining and developing external talent is a key element for any family-owned company that aims to professionalize operations.