Passion and its place in business

Article Abstract:

Some managers of family-owned businesses are passionately committed to continuous improvement. They have a clear management philosophy, believe in educating and empowering employees, act as role models, and a desire to steer a clear course for the future.

Author: Ward, John L., Aronoff, Craig E.

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Shirt sleeves to shirt sleeves

Article Abstract:

Six major problems can cause a family-owned business to fail or be sold by the second or third generation. These 'pathologies' are discussed.

Author: Ward, John L., Aronoff, Craig E.

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Subjects list: Management, Column, Family-owned business enterprises, Family-owned businesses
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