Family businesses reckon that recruiting and retaining talented staff is their biggest issue…that’s not going away given the demand for non-family executives is growing even at much smaller family firms
An MBA-type approach to management efficiency might be of little importance to family businesses
Family businesses face many challenges to remain competitive, and the best solution is often to bring non-family professionals into top management positions.
Singapore’s founding father was a huge figure in the city state’s life, and his death raises issues familiar to many family businesses.
What makes a good non-family business CEO? Search firm Egon Zehnder says that the successful candidate will fit one of three archetypes.