According to recent research, family firms have stronger 'people' values than non-family firms and are more likely to put customers and employees ahead of profits
According to recent research, family firms have stronger ‘people’ values than non-family firms and are more likely to put customers and employees ahead of profits.
It takes a lot more than entrepreneurial spirit to sustain a family and its long-term business success – vision, values and planning also play a role. The key, as Amy Braden discovers, is integrating them
Johan Lambrecht and Diane Arijsare respectively director and scientific researcher of the Research Centre for Entrepreneurship, EHSAL-KU Brussel in Brussels.
"Any fool can make a fortune. It takes a man of brains to hold on to it after it is made."
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