VIDEOS:

Making Planned Nepotism Work in a Family Business

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A talk with Michael Werner, President & CEO, Globe Union Group, Inc.

Nepotism is usually thought of as a bad thing afflicting midsize companies, but it doesn’t have to be, says Michael Werner, President & CEO, Globe Union Group, Inc. and formerly a third generation employee of Werner Ladder. He explains the concept of “planned nepotism” and how it has been practiced with much success in his family’s midmarket business.

Why Is This Relevant To The Midmarket: 

Planning which family member will fill what role in the company can help midsize businesses avoid having family members holding positions that they are unqualified for.

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