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Par   •  3 Mai 2015  •  Analyse sectorielle  •  302 Mots (2 Pages)  •  618 Vues

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Leadership Development - Coaching Comes of Age

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Print this page Family Matters -

Recruiting Executives for a Family-Owned Company

Family businesses are one of the fastest growing sectors of the economy and merit serious consideration for executives at large publicly traded companies. This represents an amazing turnaround from 30 years ago when nobody wanted to work for a family-owned business based on perceptions, such as:

“The only people that matter in a family business are family.”

“Family businesses are out of touch and behind the times.”

“There are too many family members in the company who are unqualified, unproductive and unmotivated.”

“I don’t want to baby-sit sons, daughters and cousins until they are old enough to take my job.”

“An outsider never has a true voice in determining the strategic direction of the business.”

“Family-owned businesses are self perpetuating, with no outside influence or governance.”

“There is a high level of risk aversion in family businesses and decision making is painfully slow.”

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