Source: Taguiri and Davis http://www.smeadvisor.com/wp-content/uploads/2013/01/Family-Business-System.jpg Family Business System “For the family-owned business, good governance makes all the difference. Family firms with effective governance practices are more likely to do strategic planning and to do succession planning. On average, they grow faster and live longer.” Professor John L. Ward. Family Business Family Business (Family Business Magazine) Sir Adrian Cadbury (2000). Family Firms and their Governance Creating Tomorrow’s Company from Today’s . (PDF) FFI: Family Firm Institute Family Business Network Source: http://hbswk.hbs.edu/images/chart_2536_figure1.gif John Davis (HBS) Organizing the Family-Run Business Family Business Expert Source: http://peakfamilybusiness.com/files/2010/11/FamilyBusinessServicesNew.png PeakFamilyBusiness.com By Nick Narlis: Is Your Family Fit to Run the Family Business? Check your emotions at the door ...
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