Chapter 1/Topic 1
On page five of the text, the author lists four charcteristics of family firms. Ther fourth characteristic addresses the owner’s dream of keeping the business in the family. Do you think the successors desires should be included here as well? Explain.
Chapter 1/Topic 2
As CEO of your own family firm, what would your managemnt position be: Family-First, Management-First, Ownership First, or a quasi approache that would integrated a degree of some or each of these? Explain you position and addresss your classmates position.
Chapter 1/Topic 3
What role does individual talent have in the succession of the firm? How does this affect the continuity of the firm? How could the construct “luck” play into firm continuity?
