Moving tectonic plates on the surface of the earth have and will always cause fault lines. These points of convergence and pressure are inevitable and can cause earthquakes at a large scale.
Due to divergent desires and changing personal situations of family members, such points of convergence and pressure can be found in families-in-business and can cause inevitable fault lines. Unlike geological faults, however, active steps can be taken in a family business to prevent…Continue
Added by Donald Levitt on December 17, 2013 at 6:00pm — No Comments
“If you tell me what generation your family business is in, and the number of shareholders, I will tell you what challenges you are facing.”
This is a familiar line in family business consulting, and one which makes a lot of sense. Challenges in a family business follow a predictable pattern. Knowing this pattern can help you to take a “preventive maintenance” approach to reducing the likelihood of family business…Continue
Added by Donald Levitt on February 5, 2013 at 11:56am — No Comments
Added by Donald Levitt on July 28, 2009 at 9:30am — No Comments