Family businesses should prepare for the unexpected if next generation to succeed

Family businesses looking to the next generation to take over need to prepare themselves for unexpected events — such as Brexit — according to researchers. Rather than trying to protect firms from the outside world and excluding non-family members from taking up senior roles, modern family businesses should open themselves up to collaboration and external expertise, experts urge.

Source: sciencedaily.com

Related posts

New Nevada experiments will improve monitoring of nuclear explosions

New study challenges one-size-fits-all approach to vitamin D supplementation guidelines

New eco-friendly lubricant additives protect turbine equipment, waterways