The high cost of paternalism

Article Abstract:

A paternalistic corporate culture creates dependency among employees and can lead to stagnation. Paternalistic organizations emphasize loyalty more than personal growth. Information to help business owners determine if their organizations are paternalistic is provided.

Management, Column, Corporate culture, Paternalism

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Sibling partnerships

Article Abstract:

Family business success increasingly depends on good sibling relations. Sibling partners that have been successful recommend: discussing complaints privately; speaking positively of the other when talking to spouses; and avoiding evaluating the other.

Social aspects, Partnership, Partnerships, Brothers and sisters

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Pay in family businesses

Article Abstract:

Compensation is a problem for family businesses when the differences in the business roles of family members are not recognized. A compensation philosophy should be developed and communicated to family members, owners and employees.

Methods, Compensation and benefits, Compensation management

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