When a Family Business Should Look for an Unrelated CEO

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When a Family Business Should Look for an Unrelated CEO
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Family businesses that operate in an industry that values cutting-edge in**vation would best be served by looking outside the family for company leaders, according to research from Concordia University's John Molson School of Business (http://johnmolson.concordia.ca/).

While family members make good CEOs of family businesses (http://www.businessnewsdaily.com/4298-family-business-management-tips.html) that are part of a traditional industry built on quality and reputation, such as food producers, service providers or wine makers (http://www.businessnewsdaily.com/4466-winestyles-franchise-owners.html), the study found that in industries that prioritize pushing boundaries over preserving tradition, like the information tech**logy sector, cellular communications or pharmaceuticals, an aggressive attitude in the marketplace is necessary to lead. Read more... (http://mashable.com/2014/04/03/choosing-ceo-family-business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)

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