Why the Second Generation Can Make or Break Your Family Business
4.5 (707) In stock
While the traditional view of family business is that first-generation business founders are the entrepreneurial dynamos whose work and energy drift away in subsequent generations, the second generation of a family business doesn’t have to live in the shadow of the first generation. Second generation leaders are often the unsung heroes in a family business. They play a pivotal role in professionalizing the business and building out new initiatives, building on the legacy of the first generation to develop a great family, not just a great business. Successful second-generation leaders tend to focus more than the first generation on gathering and aligning disparate family members to create a strong family pillar alongside a well-developed enterprise pillar. The second generation is therefore crucial to pivoting the family away from a single-minded focus on business development to a broader set of initiatives where family communication, governance, and cohesion are fostered. With proper support, coaching, and recognition, the second generation no longer needs to be considered second best.
Recommended Reading Archives, Page 2 of 3
Fine-tuning family businesses for a new era
Gen Z Homebuyers 2023 Trends And Data
Caught in the Crossfire: The Bridge Generation in Cross-Cultural
Hidden Suppliers Can Make or Break Your Operations
The Power of Collaboration: How Multi Generational Family
Second Generation Wayans (TV Series 2013) - IMDb
39 Types of Diversity in the Workplace to Know
Planning for Succession
Family businesses - HBR
Second Generation of Computer - Blogwaping
Second Generation Full Episode One
What Is the Difference Between First and Second Generation Immigrant?
AirPods Pro (2nd Generation) Review: Meet Apple's Best Wireless Earbuds
- Soft And Lightweight Maternity Nursing Bra For Breastfeeding Flatlin Design, Wire Free And Lined For Comfortable Ladies Inner Wear Bra 210318 From Cong05, $14.77
- Top Fashion High Waist Black High Slits Bell Bottom Fancy Girl Jeans - China Girl Jeans and Ladies Jeans price
- Girls Legging Kids Animal Zebra Print Fashion Leggings
- Damen-Cargohosen, lässige weite Jeans
- Ribbed Nulu Asymmetrical Yoga Bra … curated on LTK
- Duluth's Redwood Recovery Bullpen Boxer Briefs, powered by CELLIANT, are getting rave reviews after their 2023 launch. Nothing makes u