Family Business Wiki's Town Square

Family Business Wiki's TOWN SQUARE

The teaching of business principles through family business strategies

Family businesses have enormous challenges.  However, in my opinion, the media and business culture paint a picture of a one-way street of instruction and strategy from non-family business strategy to family business.  Looking at baseline cultural issues of greed, favoritism and deception, non-family organizations can learn from families in business.  Every challenge for a family in business has a counterpart in the non-family organization.  My goal is to counter the general perception that business teaching minus the inherent relationship principles taught by families in business should be normative.  Meaningful relationships practiced by a family in business and applied in non-family organizations can be the best frontline defense against greed, favoritism and deception.  Any thoughts?

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