Family secrets: The evolving dynamic of family businesses
Sponsored by Oracle NetSuite
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Family businesses operate like no other. With the usual stress of business operations, trying to get by day-to-day, while also managing the different family dynamics, family businesses face challenges other small businesses don’t need to consider.
SmartCompany is hosting a webinar panel of family businesses to discuss what challenges they face in today’s business climate.
The panel will will explore the following questions:
- How do you manage differing opinions?
- Do you have a succession plan? If yes, what does that look like? If not, why not?
- When considering new hires, do you prioritise family members? Can you tell us a bit more about why or why not?
- How do you tackle the question of change? (i.e. traditional approaches to business that have brought success in the past, vs trying something new.)
These questions and more will be answered by our panel.