1. Growing and Evolving Family Business
As Gersick suggests in "Generation to Generation", family business can be understood through a three circle model. ... For example future generation may have already established career interests that differ from their parents and they may not be interested in working or carrying the family business (Avila, 2003). ... Another factor is to decide which member of the third generation should enter the company. ... This positive working relationship will help the company, in enrichment, growth and future success of the business (Gersick, 1997). ... Mutual trust, open com...
- Word Count: 1224
- Approx Pages: 5
- Grade Level: High School