The Dynamics CEOs Should Consider when Passing Down the Family Business
Family business owners need to be prepared for a variety of scenarios when it comes to determining their exit strategy.
3 Keys for Great Succession Planning in a Family-Run Business
A new study by EY Global and Kennesaw State University sheds some light on how CEOs and owners of family-run companies perceive the strengths and weaknesses of family ownership, especially when it comes to succession and on what they do to make sure it endures as a family-run business.
How to Keep Family Dynamics From Derailing a Succession Plan: 3 Tips for CEOs
Family businesses face unique challenges when transitioning from one generation to the next. The struggle to protect family and business interests requires a thoughtful strategy, and succession is even more difficult if there is no clear candidate to lead the business.
8 Business Lessons from a 9-Year-Old Entrepreneur
Out of the mouths of babes—or at least 9-year-olds—can flow some pretty sage advice for CEOs and business chiefs. At least when it comes from Alina Morse, the founder of a startup company called Zollipops, which has received national acclaim for its innovative product—cavity-fighting lollipops. Here are 8 basic but timeless insights based on the Zollipops experience.
Longevity and the Family Business: Tricky Transitions
Keeping a family business going from generation to generation can be tricky, especially when you don't know whether the next generation will want to take over or not.
5 Ways to Create a Successful Family Business
According to the National Restaurant Association, there are 970,000 restaurants in America. Further research indicates that the three-year failure rate for restaurants hovers around 60 percent. So just what is it that makes some restaurants fold, while others turn into gold? For two successful Washington D.C.-based restaurants, the answer to their success starts with family.
Controlling Conflict in a Family Business
Internecine battles in closely held firms need not lead to deadly civil wars.
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New Poll: CEOs Find Challenges In Using Customer Data To Drive Innovation
Ability to harness and sort through data for meaningful insights remains a hurdle, many say. “The key is...finding what is actually relevant.”
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CEO CONFIDENCE INDEX
CEO Optimism Falls To 12-Month Low In October
Chief Executive’s latest reading of CEO sentiment shows growing number of CEOs disillusioned with short-term economic recovery, as list of issues disrupting business continues to grow.