Knowledge Finder Search: Videos, Family Owned

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Family businesses can go about attracting outside executives to join the family business. They need to be willing to open up high level positions to outsiders if they want to bring in high-level talent that isn't from within the family.

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A prominent Midmarket CEO discusses best practices for ensuring the long-term profitability, and sustainability of a midmarket family-owned firm.

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Before 1981 all that you could find out in the literature about family business was one article in Harvard Business Review where they wrote about when family members work in the business, it’s bad and there’s rivalry and jealousy and all those kind of things. It was a source of...

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Two executives of Cardone Industries, married to each other, discuss the unique advantages family businesses have over publically traded companies.

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Two midmarket experts discuss the main challenges, opportunities and strategies facing midmarket companies.

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Some U.S. midsize companies rival the success of Germany’s Hidden Champions by following many of the same principles. Success starts with a narrow product focus coupled with ambition to become a global leader, not just a leader in the U.S. market.

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Jack Stack, Founder & CEO of SRC Holdings, is the original proponent of Open Book Management in his books, The Great Game of Business and A Stake in the Outcome. Here he discusses the benefits and challenges of converting his business to an employee-owned company.

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A major challenge faced by family-owned and managed midmarket firms is how to recruit and integrate outside talent needed to fill critical spots in the company. Midmarket CEO Paul Darley explains how his company brings outsiders into a family business to work alongside an army of family members...

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Jack Stack, Founder & CEO of SRC Holdings, a group of companies with over $600 million in annual revenues, discusses the challenges of managing an employee-owned company. One surprising challenge comes from achieving success in the business. Here, he explains why.

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Dan McClave, Vice President of Cardone Industries recounts his challenges of marrying into a family business. He points out that an initial lack of open communication as well as a lack of well defined roles both played a hand in making his joining of the family business difficult.

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