The Family Business Playbook: Leadership Insights for Executives and Owners
While family businesses vary widely in culture, they typically fall along a spectrum. Some adopt structures and governance patterns mirroring large public companies, while others
remain deeply family-centric, shaped by personal dynamics, strong personalities and generational values. Both models can achieve remarkable success. For executives arriving new to family businesses, the transition often resembles relocating to a foreign country – requiring rapid adaptation to unfamiliar language, culture and unwritten rules. For some incoming leaders, this environment becomes the defining achievement of their career; for others, it can present an insurmountable challenge.
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