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Unless you clearly state what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended. EDITOR‘S NOTE: This article was produced in Read more |
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Many family firms are not fully sure of their legacy and how to communicate it to others. Research suggests ways to get a better handle on it. EDITOR’S NOTE: This article was produced in Read more |
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By R. Adam Smith on Fri Oct 13 2023
From small shops to large multinational corporations, family-owned firms are the anchoring organization in our society. They are pervasive, expanding, and a core employer of human capital and Read more |
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By Luca Manelli, Vittoria Magrelli, Josip Kotlar, Federico Frattini and Antonio Messeni Petruzzelli on Tue May 02 2023
Tangible items like postcards, photos, old accounting books, or logos and images from brand and advertising campaigns are more than just mementos of a family business’s past. They create the family Read more |
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By Aquesha Daniels, J.D. on Wed May 06 2020
Succession planning has been a heavily researched topic and buzzword for many years now. However, its lesser-known counterpart -- legacy planning – is becoming a part of many families' personal Read more |