Академический Документы
Профессиональный Документы
Культура Документы
BUSINESS
Redwin A. Duay
Family values/mission/vision
Communication in the family
Family education
Family relations
Aiding troubled family members
Resolving family conflicts
Philanthropy
Family/business relations
Family employment policy
Vacation home economics and use policy
Dos and Donts for Bringing the Next Generation into the
Family Business
The most important preparations happen years before the
new family employee actually joins the family business, ideally
when they go to work at another company.
Do..
Plan ahead outside experience gives the new family hire
instant credibility with other employees that can otherwise
take years to develop
Start the new family member at an appropriate level this will
ensure that the quality of work they will give to the business is fitted to
his/her experience
Dos and Donts for Bringing the Next Generation into the
Family Business
Do..
Announce the new family employees arrival in a
matter-of-fact manner
Have the new family employee report to a
longstanding employee and well-regarded nonfamily
At a minimum, provide the new family employee with
the same performance feedback process as all other
comparable employee
Involve the board
Communicate family members may have many
qualities but mind reading is not one of them
Dos and Donts for Bringing the Next Generation into the
Family Business
Dont..
Create a job for the new family member
Put all responsibility for the career entry and
development of the new family hires on just one
generation
c.
d.
e.
VALUES Comparison
The values of family-owned firms are often more humane,
more emotional and more fundamental, whereas the values in
non-family businesses are more transactional, more impersonal
and directed toward economic outcomes (Ward, 2008)